Mining Machine Manufacturer Ebang to Start Mining Bitcoins for Itself

From coindesk.com

Nasdaq-listed mining machine manufacturer Ebang (EBON) announced its plans to start mining bitcoins using its own machines. • Per a press release, the company's board approved plans to operate a bitcoin (BTC, +7.35%) mining business involving a combination of deploying its own machines, machines bought from other manufacturers, and leased computing power from other mining farms. • Ebang expects mining to "increase our revenue in cryptocurrency business and optimize our product offering structure," CEO Dong Hu said in the statement. • The company also plans to build data centers for its mining farms. • The ... (full story)