{"id":50915,"date":"2021-10-08T19:22:43","date_gmt":"2021-10-08T16:22:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50915"},"modified":"2025-09-02T20:51:29","modified_gmt":"2025-09-02T17:51:29","slug":"powerbridge-technologies-to-mine-bitcoin-and-ethereum-in-hong-kong","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/powerbridge-technologies-to-mine-bitcoin-and-ethereum-in-hong-kong\/","title":{"rendered":"Powerbridge Technologies to Mine Bitcoin and Ethereum in Hong Kong"},"content":{"rendered":"<p>Powerbridge Technologies, the Nasdaq-listed Chinese blockchain company, will begin mining two leading cryptocurrencies in Hong Kong using green energy, as stated in the <a href=\"https:\/\/www.prnewswire.com\/news-releases\/powerbridge-technologies-establishes-cryptocurrency-mining-fleets-for-bitcoin-and-ethereum-in-hong-kong-301396062.html\">\u0432 \u043f\u0440\u0435\u0441\u0441-\u0440\u0435\u043b\u0438\u0437\u0435<\/a>.<\/p>\n<p>The company will deploy 2,600 devices \u2014 600 for Bitcoin mining and 2,000 for Ethereum mining. They will provide a hash rate of 60 PH\/s and 1,000 GH\/s, respectively.<\/p>\n<p>In August, Powerbridge Technologies, whose main business is software development and blockchain applications, <a href=\"https:\/\/u1f987.com\/en\/news\/nasdaq-listed-firm-worth-61m-to-pursue-bitcoin-mining\">announced plans<\/a> to engage in cryptocurrency mining.<\/p>\n<p>In the same month the Chinese company signed with Cryptodigital Holdings <a href=\"https:\/\/u1f987.com\/en\/news\/powerbridge-to-buy-5600-mining-rigs-for-bitcoin-and-ethereum\">a contract to purchase 5,600 mining devices<\/a> for Bitcoin and Ethereum. According to the release, the batch included 2,000 ASIC miners for Bitcoin mining and 3,600 installations for Ethereum mining.<\/p>\n<p>Earlier in January, <a href=\"https:\/\/u1f987.com\/en\/news\/the9-to-enter-mining-industry-as-shares-jump-140\">The9 Ltd announced its entry into the mining industry<\/a>.<\/p>\n<p>Analysts estimate that Nasdaq-listed mining companies have cumulatively <a href=\"https:\/\/u1f987.com\/en\/news\/us-listed-mining-companies-hold-1-1-billion-in-bitcoin-on-their-balance-sheets\">accumulated more than 20,459 BTC<\/a> worth over $1.1 billion.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powerbridge Technologies, the Nasdaq-listed Chinese blockchain company, will begin mining two leading cryptocurrencies in Hong Kong using green energy, as stated in a press release.<\/p>\n","protected":false},"author":1,"featured_media":50916,"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],"class_list":["post-50915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50915","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=50915"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50915\/revisions"}],"predecessor-version":[{"id":50917,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50915\/revisions\/50917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/50916"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=50915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=50915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=50915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}