SHANGHAI, March 15, 2021 /PRNewswire/ -- The9 Limited
(Nasdaq: NCTY) ("The9"), an established Internet company, today
announced the appointment of Mr. Wang
Wei as the Vice President of NBTC Limited (hereinafter
referred to as "NBTC"), a wholly-owned subsidiary of The9. Mr. Wang
will lead the global operation and management of the
cryptocurrencies mining machines in NBTC.
Mr. Wang is an early pioneer in the blockchain industry. Before
joining The9, he served as the head of Canaan Technology's
technical service center, leading the team responsible for the
maintenance and after-sales service of hundreds of thousands of
mining machines. At the same time, Mr. Wang's team assisted
customers in building and upgrading blockchain supercomputing
centers.
After joining the NBTC team in The9, Mr. Wang will be
responsible for the strategic global operation and management of
the cryptocurrencies mining machines, including deployment and
management of mining machines, network equipment and mining
facilities, and the development of operation strategy for different
types of cryptocurrencies mining machines in different mining
facilities and the cooperation with different mining pools to
improve the operation and maintenance efficiency, ensure asset
safety, and generate various reports for decision making. Also from
a technical point of view, Mr. Wang will work with the management
team to formulate the development strategy and execution plan of
the cryptocurrencies mining business.
In January this year, The9 announced the establishment of the
wholly-owned subsidiary NBTC to engage in blockchain and
cryptocurrency related businesses. Since then NBTC has quickly and
continuously purchased Bitcoin and Filecoin mining machines, in
order to achieve The9's global hash rate goal in
cryptocurrencies mining.
About The9 Limited
The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to
become a diversified high-tech Internet company.
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SOURCE The9 Limited