Ninetowns will add 10,252 Bitcoin miners

According to official information, on March 9, 2021, the Ninth County ("Nib City", Nasdaq: NCTY) announced that it had signed a memorandum of understanding with us, the master of miners. The technology comes from them by advertising Class A products including AvalonMiner, AntMiner, and WhatsMiner, among others. After the trade is completed, Ninetowns will add 10,252 Bitcoin mining machines, bringing its total power output to 192 PH / S. Under the terms of the deal, Ninetowns will acquire 5,883,750 shares of Ninetowns Class A (equivalent to 196,125 US deposits on ADS) for our minor owner. Signature of the memorandum Blocking period 6 months The number of category A distributions required is subject to a special tariff adjustment and is assessed 6 months after the date of the final promise. Ninetowns will select an independent third-party trading company to appraise and assess the fair market value of the Bitcoin mining machines to determine the final value of the product to be issued.