The 9th City, a US-listed company, announced its 2020 fiscal year report and has received 126 bitcoins in rewards

According to BlockBeats, the U.S.-listed company The 9th City submitted its annual report on Form 20-F for the fiscal year ending December 31, 2020 to the U.S. Securities and Exchange Commission (SEC) on March 29, 2021. The financial report shows that The 9th City's comprehensive revenue for fiscal year 2020 was US$60.83 million, of which the gross profit was -US$28,900. The 9th City said that as of March 28, the Bitcoin mining machines deployed by The 9th City contributed a total computing power of approximately 693 PH/s. Under the current computing power deployment, The 9th City can receive 3 Bitcoin rewards per day. So far, The 9th City has received a total of 126 Bitcoin rewards. In addition to Bitcoin, The 9th City is also actively engaged in Filecoin digital currency mining. According to the framework agreement reached with the Filecoin mining machine supplier, the first batch of $1.1 million in Filecoin mining machine purchases have been executed, and purchases will continue based on market conditions. Currently, The9 has an independent node on the Filecoin network and has completed the packaging of 8P effective storage computing power.