The9 invests in Canadian Skychain mining hosting company and deploys digital currency mining machines

The9 invests in Canadian Skychain mining hosting company and deploys digital currency mining machines

According to an official announcement, The 9 (Nasdaq: NCTY) announced today that it has signed a legally binding investment agreement with Canadian Skychain Technologies Inc. The 9 plans to invest a total of 4 million Canadian dollars in Skychain, mainly for the construction and operation of Skychain's digital currency mining project in Birtle, Manitoba, Canada. The project's additional power supply is expected to be 12 megawatts. After the mine is completed, The 9 plans to deploy its digital currency mining machines there.

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