According to TechFlow, Hong Kong Coolpad Group announced that it has signed a procurement contract worth HK$106 million (approximately US$13.58 million) to purchase 2,700 cryptocurrency mining servers. This will significantly increase their mining computing power from 873,000 TH/S to 1,504,800 TH/S.
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Hong Kong Coolpad Group plans to purchase approximately $13.58 million worth of cryptocurrency mining machines
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