Rises after first-quarter crypto mining results

Sos

14/04/2021 14:55

** Shares of blockchain firm  SOS.N  rise 3.9% to $4.985 
    ** SOS says in Q1 co has mined 42 bitcoin  BTC=BTSP  and 916
ethereums  urn:newsml:reuters.com:*:nPn14fGVca
    ** Co says these mining results do not address its other
non-mining operations
    ** SOS says it received its third batch of 5464
cryptocurrency mining rigs
    ** Says the pool of rigs will be able to generate about 177
Peta-Hashes per second (PH/s) for mining bitcoin and 356
Giga-Hashes per second (GH/s) for mining ethereum; hash rate is
used to measure the speed of the machine used for cryptocurrency
mining
    ** Up to Tuesday's close, stock had more than tripled this
year

 (Reporting by Chavi Mehta in Bengaluru)
 ((Chavi.Mehta@thomsonreuters.com;))