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SOS Signs Electricity Supply Deal With Leibodong Hydropower Station in China to Power its Cloud Crypto Mining Center

· 02/05/2021 04:09

08:56 AM EST, 02/05/2021 (MT Newswires) -- SOS Limited (SOS) said Friday it has signed an electricity supply agreement with Leibodong Hydropower Station in Hejiang, Luzhou, Sichuan Province, an area with abundant hydropower resources and lower electricity prices compared to elsewhere in China.

Leibodong will supply SOS with electricity to fuel its cloud crypto mining and big data center for a price between 0.22-0.38 kilowatt per hour.

SOS expects the first shipment of crypto mining machines to be installed on Feb. 14, the company said.

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