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 - TapSwap on Solana 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

Реклама на Currencies.ru

Самое свежее на Currencies.ru

U.S. Senate joins House to overturn SEC’s crypto policy

The U. S. Senate voted 60-38 on Thursday to overturn the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121 (SAB 121). This move aligns with a similar effort by the House of Representatives to erase the policy.

Backed Finance AG secures $9.5 million in Series A funding to expand tokenization services

Backed Finance AG, a prominent provider of tokenized real-world assets and tokenization services, has successfully raised $9.5 million in its Series A funding round. The funding round was led by Gnosis and saw participation from both new and returning investors including Exor Seeds, Cyber Fund, Mindset Ventures, Stake Capital Ventures, Blockchain Founders Fund, Blue Bay […]

Binance secures crypto license in Dubai

Binance, the world’s largest cryptocurrency exchange, has been granted a Virtual Asset Service Provider (VASP) license in Dubai, marking a significant regulatory achievement. This development follows the relinquishment of voting rights by co-founder Changpeng Zhao in the local Binance entity, a pivotal move that facilitated the license approval.

Why is MARA stock in news among crypto enthusiasts ahead of Bitcoin halving?

Marathon Digital (NASDAQ: MARA) has been gaining attention among crypto enthusiasts and investors alike, especially with the anticipation surrounding the upcoming Bitcoin halving event. As Bitcoin (BTC-USD) continues its upward trajectory, investors are exploring various avenues to capitalize on the rally, and MARA stock has emerged as a prominent contender in this regard. Why is […]