SHANGHAI, March 22, 2021 /PRNewswire/ -- The9 Limited
(Nasdaq: NCTY) ("The9"), an established Internet company, today
announced that its wholly owned subsidiary NiuLian Technology
(ShaoXing) Co., Ltd. has signed the second purchase agreement with
Shenzhen MicroBT Electronics Technology Co., Ltd. ("MicroBT"), the
manufacturer of WhatsMiner bitcoin mining machines, under the
framework agreement previously signed. This second batch of
purchase consists of 482 WhatsMiner M31S+ machines.
The hash rate of each of these WhatsMiner M31S+ machines is
approximately 80-86TH/s, with the power consumption of
approximately 38-42W/T. These WhatsMiner M31S+ machines had
been delivered and The9's Bitcoin hash rate will be increased by
approximately 40 PH/s.
The9 and MicroBT signed a strategic cooperation framework
agreement in February this year. The9 will purchase a total of
5,000 WhatsMiner bitcoin mining machines from MicroBT within one
year. This second batch of WhatsMiner bitcoin mining
machines further increased The9's Bitcoin hash rate.
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