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Tag: Midea

Chinese Manufacturing Giant Wants to Integrate Bitcoin Miners into Appliances

Category: Bitcoin, Business, News

Chinese Manufacturing Giant Wants to Integrate Bitcoin Miners into Appliances

Midea, a major Chinese electrical appliance manufacturer with an estimated annual revenue of $22.1 billion, is attempting to revive 21 Inc’s previous vision of integrating bitcoin miners into household appliances. With over 125,000 employees, Midea remains as one of the largest appliance manufacturers in China. The company has significant reach into the Chinese manufacturing and appliance markets, as it controls…

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