{"id":35342,"date":"2021-01-26T11:00:09","date_gmt":"2021-01-26T09:00:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35342"},"modified":"2025-08-29T00:52:32","modified_gmt":"2025-08-28T21:52:32","slug":"the9-buys-26007-asic-miners-shares-jump-20","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the9-buys-26007-asic-miners-shares-jump-20\/","title":{"rendered":"The9 buys 26,007 ASIC miners. Shares jump 20%."},"content":{"rendered":"<p>The Nasdaq-listed The9 Ltd purchased 26,007 Bitcoin mining machines, according to a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/the9-signed-legally-binding-memorandum-of-understanding-on-the-purchase-of-bitcoin-mining-machines-301213943.html\" target=\"_blank\" rel=\"noopener noreferrer\">\u043f\u0440\u0435\u0441\u0441-\u0440\u0435\u043b\u0438\u0437\u0435<\/a>.<!--more--><\/p>\n<p>The company signed five memoranda of understanding, pursuant to which it will issue Class A shares to sellers of ASIC miners. Details about suppliers and device models were not disclosed.<\/p>\n<p>According to the press release, most of the equipment has already been deployed in China&#8217;s Xinjiang, Sichuan and Gansu.<\/p>\n<p>Former executive of Canaan Inc. Jianpin Kong will help The9 launch and maintain the mining operation with a total hashrate of about 549 PH\/s, equal to roughly 0.36% of Bitcoin&#8217;s global hashrate.<\/p>\n<p>On Monday, the Chinese internet company&#8217;s shares jumped 20% from Friday&#8217;s close, January 22. The chart below shows NCTY&#8217;s price rising from around $11.17 to $13.41 amid a surge in trading volume.<\/p>\n<div id=\"attachment_123019\" style=\"width: 1157px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-123019\" class=\"size-full wp-image-123019\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/222-4.png\" alt=\"\u041a\u043e\u043c\u043f\u0430\u043d\u0438\u044f The9 \u043f\u0440\u0438\u043e\u0431\u0440\u0435\u043b\u0430 26 000 ASIC-\u043c\u0430\u0439\u043d\u0435\u0440\u043e\u0432. \u0410\u043a\u0446\u0438\u0438 \u0432\u044b\u0440\u043e\u0441\u043b\u0438 \u043d\u0430 20%\" width=\"1147\" height=\"565\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/222-4.png 1147w, https:\/\/u1f987.com\/wp-content\/uploads\/222-4-300x148.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/222-4-1024x504.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/222-4-768x378.png 768w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\" \/><\/p>\n<p id=\"caption-attachment-123019\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/finance.yahoo.com\/chart\/NCTY#\ud358\u015f\" target=\"_blank\" rel=\"noopener noreferrer\">Yahoo Finance<\/a>.<\/p>\n<\/div>\n<p>Earlier, on January 6, The9 <a href=\"https:\/\/u1f987.com\/en\/news\/the9-to-enter-mining-industry-as-shares-jump-140\">announced<\/a> entry into the mining industry. Within two days of the announcement, the company&#8217;s shares rose 140%.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed The9 Ltd bought 26,007 miners to mine Bitcoin, according to the press release.<\/p>\n","protected":false},"author":1,"featured_media":35343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,2079],"class_list":["post-35342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-the9"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35342"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35342\/revisions"}],"predecessor-version":[{"id":35344,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35342\/revisions\/35344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35343"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}