The9 to Expand Filecoin Mining Capacity

Nasdaq-listed The9 Ltd signed an agreement to purchase and deploy Filecoin (FIL) mining equipment worth $2 million.

In February this year, the firm signed a framework agreement with another supplier of similar miners for $10 million. Its name is also not disclosed.

The9 launched a node on the Filecoin blockchain and increased its storage capacity to 80 pebibytes.

https://forklog.com/chto-takoe-filecoin/

The9’s decision was driven by the coin’s positive momentum and expectations for expanding use cases of Filecoin.

Earlier in March, the mining company boosted Bitcoin mining capacity after purchasing equipment from MicroBT and Bitmain.

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