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SOS Restricted (NYSE: SOS) (the “Firm” or “SOS”) introduced right this moment the receipt of the second batch of 5000 PCS of crypto mining rigs.
On the identical date the second batch of 5000 PCS of mining rigs had been acquired, the SOS staff kicked off the configurations and installations, that are anticipated to be accomplished very quickly. As soon as this batch of mining rigs goes reside, we anticipate the pool of 5000 PCS will have the ability to generate about BTC Hash Energy 175P and ETH Hash Energy 350G. If the machine operates as anticipated, the long-term ROI (return on funding) is projected to be promising, regardless of latest pullbacks of cryptocurrency costs.
Mr. Yandai Wang, Chairman of SOS, commented, “Though the cryptocurrency costs, corresponding to BTC costs, may proceed to fluctuate, we imagine the large common development for and cycle of cryptocurrencies are nonetheless upward. As institutional traders have been changing into one important driving power behind cryptocurrencies, corresponding to BTC and ETH, which will likely be utilized as a hedge towards ongoing quantitative easing by sovereign currencies, subsequently, we stay dedicated to be very assured about our long-term strategic funding in cryptocurrencies operation.”