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Tue, Feb 16, 2021 1:59 PM by CoinGape

Breaking: 500.com Acquires Third-Largest Mining Pool BTC.com From Bitmain

500.com, a former Chinese lottery website that turned into a mining business announced the acquisition of BTC.com’s mining pool from Bitmain in a share exchange offer. The offer saw Bitmain acquire 10% of 500.com’s current 44,353,435 Class A ordinary shares of par value US$0.00005 per share. BTC.com was ranked third in terms of hash rate input The post Breaking: 500.com Acquires Third-Largest Mining Pool BTC.com From Bitmain appeared first on Coingape.

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