EBON - Ebang International to launch Bitcoin mining business
Ebang International (EBON) plans to operate its Bitcoin mining business by deploying self-manufactured mining machines and purchasing machines from other manufacturers, and leasing computing powers from other mining farms.The Company also expects to invest in data center constructions to provide support for Bitcoin mining activities.Mr. Dong Hu, Chairman and CEO: “...This move will increase our revenue in cryptocurrency business and optimize our product offering structure. We believe it will help the Company’s transformation from a hardware manufacturer to a blockchain company with comprehensive involvements in its industry chain.”([[EBON]] +16.8%)Press Release
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Ebang International to launch Bitcoin mining business