SHENZHEN, China, July 11, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ: METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on its joint venture for the development of its cryptocurrency mining business, Met Chain Co., Limited ("Met Chain").
As previously disclosed in a press release in December 2021, Meten Holding Group established the joint venture, Met Chain, specializing in the research and development ("R&D"), production, and sales of cryptocurrency mining equipment.
As a result of its continuous efforts, the Met Chain's R&D team successfully developed its proprietary Apaqi High-Performance Server Acceleration Card ("Acceleration Card") that can be inserted into the motherboard of a mining machine to improve its computing power. Currently, the market size...
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