Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner ...
During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will leverage 15 megawatts (MW) of Bitriver’s capacity for two years. The9 Teams Up With the Bitcoin Mining Operation Bitriver The9 Limited (Nasdaq: NCTY) has explained its plans to collaborate with the bitcoin mining company from Moscow, Bitriver. As part of the agreement, both parties can extend....
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BitRiver utilizes only surplus hydroelectric power to operate its data centers in Russia and CIS countries. The9, a Chinese internet company listed on the Nasdaq, is moving forward with its cryptocurrency mining plans by signing a contract with a major Russian data center operator.The company announced Monday that it has signed a crypto mining hosting agreement with Russian crypto mining services provider BitRiver through its fully-owned subsidiary NBTC.As part of the agreement, BitRiver will reserve 15 megawatts (MW) of its electric capacity for The9's Bitcoin (BTC) mining machine....
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. On April 9, the publicly-listed gaming and internet company The9 Limited (Nasdaq: NCTY) revealed the firm’s intentions to acquire 2,000 bitcoin (BTC) miners. The new miners will give the company a total hashrate of approximately 100 PH/s or 0.1 exahash (EH/s) of processing power.....
Server security is an important issue for internet hosting, and many companies turn to dedicated server suppliers for secure hosting. MaxiDed aims to provide ideal solutions to clients looking for server hosting, listing thousands of server configurations and offering customer service in English and Russian. The company was founded in 2007; since then it has expanded its technical staff and area of operations. Now, MaxiDed has more than 400 technical experts representing the company’s services in 72 countries. Most of MaxiDed’s major server suppliers are in United States, Netherlands,....
The company says a "majority" of the ASICs are already deployed.
Known for his outspoken and firm stance against bitcoin and cryptocurrencies, German Klimenko, Russian President Putin’s newly appointed counselor and advisor on the internet has now called the cryptocurrency an Internet meme that went viral. He further dismissed the acceptance of the cryptocurrency in other parts of the world as “fiction”, claiming that the bitcoin is illegal everywhere in the world. The anti-Bitcoin stand taken by several Russian officials, most notably the Russian Finance Ministry has been reported several times in the past on CCN. A new ‘Bitcoin Ban’ bill is gearing to....