Miners in China arrested during round up, IPO in HK

2018-6-28 13:37

Mining

In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian exclave of Kaliningrad.
Also Read: FBI Currently Investigating 130 Crypto-Related Cases
Chip Manufacturer Ebang Communications Files for IPO in Hong Kong
Major mining chip manufacturer Ebang Communication has become the latest leading firm operating in the bitcoin mining industry to file for an IPO in Hong Kong.
According to financial statements included in the application, Ebang generated approximately $140 million USD in revenue and $60 million in net profit during 2017.
Last month, Reuters reported that Ebang Communications was rumored to be seeking to conduct a $1 billion IPO in Hong Kong.
Regarding the legal status of cryptocurrency mining in Kaliningrad, Sergei Evstigneev, the region’s IT and communications minister, stated “Whatever is not illegal is legal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining ipo arrested electricity allegedly stealing kilowatt-hours

Источник: bitcoints.com

mining ipo → Результатов: 6


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin overtakes silver as 7th largest asset after hitting $94k ATH

Bitcoin (BTC) continues to cement its position as a dominant asset in the global financial landscape, achieving a historic milestone this week. According to the latest Bitfinex Alpha Market Report, BTC’s market capitalization has surpassed that of silver, reaching an all-time high (ATH) of $1.

Paxos to acquire Membrane Finance to expand into EU market

Paxos, a prominent stablecoin issuer, has reached an agreement to acquire Membrane Finance, a Finland-based electronic money institution, in a strategic move to gain access to the European Union. This acquisition comes about five months after the EU’s stablecoin regulations, part of the broader Markets in Crypto Asset (MiCA) framework, were implemented. Crypto firms are […]

The Trump effect: Bitcoin’s wild ride takes a breather

The Bitcoin market, ablaze with speculative fervor following Donald Trump’s election victory, is experiencing a period of relative calm as investors await concrete policy developments. The cryptocurrency’s meteoric rise, fueled by Trump’s pro-crypto stance, appears to be moderating, prompting traders to reassess their positions.

Bhutan government transfers $33.31M in BTC to Binance

In the rapidly shifting cryptocurrency world, Bhutan is steadily establishing its footprint with a unique and calculated approach to digital assets. This small Himalayan nation recently caught the attention of crypto-watchers worldwide when it deposited 365 Bitcoin (BTC), valued at approximately $33.

Germany’s Deutsche Telekom enters blockchain with NEAR validator role

Deutsche Telekom AG, the world’s fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol’s decentralisation and enhancing network security.