HANGZHOU, China, Feb. 04, 2021 (GLOBE NEWSWIRE) — Ebang Worldwide Holdings Inc. (Nasdaq: EBON, the “Firm,” “we” or “our”), a blockchain know-how firm within the world market, at this time introduced that the Firm has accomplished the designing of a chip for simultaneous Litecoin (LTC) and Dogecoin (Doge) mining as an addition to our present portfolio of cryptocurrency mining chip designs. The Firm believes the brand new design will permit the Firm to assemble excessive efficiency cryptocurrency mining machines superior to different mining machines at the moment in the marketplace.
Mr. Dong Hu, Chairman and CEO of the Firm, commented, “The completion of the designing is a credit score to our elevated funding in R&D in recent times. Now we have made large efforts to construct up our R&D crew and speed up product iteration and innovation. Sooner or later, we are going to give attention to creating extra mainstream cryptocurrency mining machines, and we’re contemplating designing extra mining chips appropriate with a number of cryptocurrencies. We imagine it’s going to assist improve our income from the cryptocurrency mining enterprise and optimize our product providing construction alongside the blockchain business worth chain.”
About Ebang Worldwide Holdings Inc.
Ebang Worldwide Holdings Inc. is a blockchain know-how firm with robust application-specific built-in circuit (ASIC) chip design functionality. With years of business expertise and experience in ASIC chip design, it has grow to be a number one bitcoin mining machine producer within the world market with regular entry to wafer foundry capability. With its licensed or registered entities in numerous jurisdictions, the Firm seeks to launch knowledgeable, handy and progressive digital asset monetary service platform to develop into the upstream and the downstream of blockchain and cryptocurrency business worth chain. For extra data, please go to https://ir.ebang.com.cn/.
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