SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited
(Nasdaq: NCTY) ("The9"), an established Internet company, today
announced that its wholly-owned subsidiary NBTC Limited
signed a Bitcoin mining machine purchase agreement (the
"Purchase Agreement") with Bitmain Technologies Limited. Pursuant
to the Purchase Agreement, The9 will purchase 24,000 Antminer S19j
Bitcoin mining machines, which are scheduled to deliver starting
from November 2021.
S19j is the latest model of Bitmain Antminer launched in
February 2021, with a rated hash rate
of 90TH/s, a rated power consumption of 3,100W and an estimated
power consumption of 34.5J/T. Upon the completion of
deliveries under the Purchase Agreement, The9 is expected to own an
additional hash rate of approximately 2,160PH/S, which is
a significant milestone of The9's hash rate build up goal.
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.
SOURCE The9 Limited