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IPO Update: Nano Labs (NA) Finalizes Proposed U.S. IPO Terms

Nano Labs (NA) has filed proposed terms for a $37M US IPO. Nano Labs designs ASIC chips for crypto mining and 'metaverse' computing environments. Read more. ....

United States , Jianping Kong , Bitcoin Andy , Brand Essence Research , Nano Lab Market Competition , Nanometa Ltd , Maxim Group , Nano Labs Ltd , American Depositary Shares , China Based Nano , Capex Ratio ,

The9 Signed Legally Binding Memorandum of Understanding on the Purchase of Bitcoin Mining Machines


The9 Signed Legally Binding Memorandum of Understanding on the Purchase of Bitcoin Mining Machines
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SHANGHAI, Jan. 25, 2021 /PRNewswire/ The9 Limited (Nasdaq: NCTY) ( The9 ), an established Internet company, today announced that it signed five legally binding Memorandum of Understanding (collectively the MOUs ) with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of Class A ordinary shares. After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of approximately 549PH/S, accounting for about 0.36% of the global hash rate of Bitcoin. Majority of these mining machines have already been deployed in Xinjiang, Sichuan and Gansu in China. ....

Jianping Kong , Canaan Inc , The9 Limited , ஜியான்பிங் காங் , கானான் இன்க் ,