Powerbridge Technologies Co., Ltd Nasdaq-listed firm launching bitcoin and ether mining operations in Hong Kong with a plan to deploy 2,600 high-performance mining rigs.
On Aug. 25, Powerbridge Technologies said it signed a deal to buy 5,600 miners from Crypto Digital Holdings Ltd., to be delivered starting from Oct. 2021.
“We expect our high-performance, environmental-friendly crypto-mining fleets to significantly accelerate our revenue,” Powerbridge Technologies President Stewart Lor said in a statement on Friday.
The company is a software as a service (SaaS) and blockchain applications provider, with the digital asset business headquartered in Singapore. Powerbridge announced in August it was expanding into bitcoin and ether mining.
