Chinese Telecom giant Coolpad to buy Bitcoin mining rigs worth $13.5 million

Coolpad Group plans to acquire 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America. Coolpad, a Shenzhen-based telecom provider listed on the Hong Kong Stock Exchange, is looking to invest $13.5 million in a major Bitcoin mining operation. As part of a foray into crypto, Coolpad has specifically […] source: https://coinjournal.net/news/chinese-telecom-giant-coolpad-to-buy-bitcoin-mining-rigs-worth-13-5-million/