SOS Ltd. tech company based in Qingdao, China launched more than 6,000 ETH and BTC mining rigs from 90% renewable energy sources according to its recent announcement. The company now has 575 Ethereum mining rigs and 5,464 Bitcoin mining rigs. The Mining rigs are now active at the company’s cryptocurrency mining center in Sichuan Province. SOS Chief Executive Yandai Wang describes the purchase as progress On digital currency plan.
This is according to forkast. This keep me wondering if truly China ban it banks from cryptocurrency activities with this big development.