AGM Group Holdings Inc., an integrated technology company focusing on blockchain-oriented ASIC chip design, advanced crypto miner production, and fintech software service, announced its growth strategy mainly focusing on crypto miner business and high-performance ASIC chip research and development, and supplemented by development of blockchain and fintech applications. AGMH has assembled a team of industry veterans in high-performance chip designs and blockchain applications to support its growth strategy.
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Latest release of AGMH’s in-house branded Bitcoin Miner –Â KOI MINERÂ C16 (“C16”) has a hash rate up to 113 TH/s and a power efficiency ratio of 30 J/T, supporting the mining of Bitcoin, Bitcoin Cash and other cryptocurrencies. C16’s parameters have surpassed its peer miners including Bitmain’s Antminer S19 pro and Canaan’s AvalonMiner1246.
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Mr. Chenjun Li, Co-CEO of the Company, commented, “With increased institutional investment and attention to blockchain and cryptocurrencies, many large listed crypto mining companies in the United States and Canada have demonstrated a huge demand for high-end Bitcoin miners, and we expect that our C16 miners have the opportunity to secure a considerable amount of orders in this trend.”
In implementing the strategy, AGMH’s fintech product team remains actively researching and seeking opportunities to introduce blockchain-based NFT and Defi technologies into existing products and services, aiming to provide more values to clients.
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