$EBON to Launch Bitcoin Mining Business

Ebang International to Launch Bitcoin Mining Business

Ebang International Holdings Inc. (Nasdaq: EBON), a blockchain technology company in the global market, today held a board meeting and passed a resolution (the “Resolution”) to launch Bitcoin mining business.

According to the Resolution, the Company plans to operate its Bitcoin mining business by adopting a combination of deploying self-manufactured mining machines and mining machines purchased from other manufacturers as well as leasing computing powers from other mining farms.

At the same time, the Company also expects to invest in data center constructions to provide support for Bitcoin mining activities.

finance.yahoo.com/news/ebang-international-launch-bitcoin-mining-133000589.html