SOS Announces the Receipt of the Second Batch of 5000 Pieces of Crypto Mining Rigs
SOS Limited American Depositary Shares (SOS)
Company Research
Source: PR Newswire
QINGDAO, China, Feb. 24, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today the receipt of the second batch of 5000 PCS of crypto mining rigs. On the same date the second batch of 5000 PCS of mining rigs were received, the SOS team kicked off the configurations and installations, which are expected to be completed very soon. Once this batch of mining rigs goes live, we expect the pool of 5000 PCS will be able to generate about BTC Hash Power 175P and ETH Hash Power 350G. If the machine operates as expected, the long-term ROI (return on investment) is projected to be promising, despite recent pullbacks of cryptocurrency prices. Mr. Yandai Wang, Chairman of SOS, commented, "Although the cryptocurrency prices, such as BTC prices, might continue to fluctuate, we believe the big general trend for and cycle of cryptocurrencies are still upward. As institutional investors have been becoming one significant driving force behind cryptocurrencies, such as BTC
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News
- SOS Ltd. Announces Pricing of $7.85 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- SOS Ltd. Announces Pricing of $7.85 Million Public OfferingPR Newswire
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S. [Yahoo! Finance]Yahoo! Finance
- SOS Ltd Provides Operating Update of its Super-Computing Centers in the U.S.PR Newswire
SOS
Sec Filings
- 3/26/24 - Form 144
- 3/25/24 - Form SC
- 3/25/24 - Form SC
- SOS's page on the SEC website