NY BASED FUTURE FINTECH ACQUIRES SICHUAN BASED NANJING RIBENSI

Highlights:

•       Acquiring of the Chinese miner by the US-based fintech firm was driven by the ongoing bitcoin rally

•       Nanjing Ribensi was chosen for its location in a hydroelectricity rich region where electricity is cheap.

With the rise of Bitcoin and its continued rally, cryptocurrency is gaining investors. It has also made many inte....