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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2021-02-17 10:27:18

Another Chinese Giant Enters Bitcoin and Ethereum Mining

Bitcoin mining rigs. Another Chinese non-crypto firm has moved into bitcoin (BTC) mining – with the shipping behemoth Sino Global set to snap up a controlling stake in computing company Nine-Chain Intelligent in a deal worth around USD 8.5m.Per a press release, Sino Global announced that it had signed a Letter of Intent that would see it acquire 51% of the shares in
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