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500.com

21 November, 2024

BIT Mining hit with $10M fine over bribery charges

In its previous existence as a casino and sports lottery firm, BIT Mining reportedly paid $2 million in bogus consultation...

500.com dives deeper into blockchain sector with Bee Computing buy

Tech

Jacob Rozen

12 April, 2021

500.com dives deeper into blockchain sector with Bee Computing buy

China-based online lottery company 500.com continued its foray into the blockchain sector by acquiring ASIC mining machine manufacturer Bee Computing.

500.com acquires years-old machines for block reward mining venture

Tech

Steve Kaaru

21 March, 2021

500.com acquires years-old machines for block reward mining venture

500.com’s new fleet of mining machines include Antminer S17, from March 2019; Antminer S19, from 2020; and the Antminer S9,...

Ex Bitmain CEO Jihan Wu sells BTC.com to sports lottery operator 500.com

Tech

Jacob Rozen

22 February, 2021

Ex Bitmain CEO Jihan Wu sells BTC.com to sports lottery operator 500.com

500.com entered the share exchange agreement with Blockchain Alliance Technologies, the parent company of BitDeer, which is majority-owned by Wu.

500.com to purchase another $8.5M worth of ASIC mining machines

Tech

Jacob Rozen

5 February, 2021

500.com to purchase another $8.5M worth of ASIC mining machines

The NYSE-listed online sports lottery firm signed a definitive agreement to purchase 5,900 ASIC miners for 55.2 million yuan (around...

Struggling online lottery firm announces move into block reward mining

Tech

Jacob Rozen

14 January, 2021

Struggling online lottery firm announces move into block reward mining

Shenzhen-based and Nasdaq-listed firm 500.com has entered a definitive purchase agreement with an undisclosed party to buy ASIC mining machines.

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Charles Miller

20 Dec 2024

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