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AGM GROUP HOLDINGS INC.

(AGMH)
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AGM Group Holdings Inc. Announces Launch of ASIC Miner

08/12/2021 | 08:00am EDT

AGM Group Holdings Inc. announced the launch of its first ASIC Miner, KOI MINER C16. C16 is equipped with the C3012 chip made by Semiconductor Manufacturing International Corp.'s N+1 process. C16 has a hash rate up to 113 TH/s and a power efficiency ratio of 30 J/T, supporting the mining of BTC, BCH and other cryptocurrencies. C16 is expected to launch sales in the United States, Canada and Europe around the end of August 2021. For the external structure, C16 adopts the design of dual air ducts, which significantly resolves the high-temperature shortcomings of similar products and optimizes the performance of the miners. It also supports cluster deployment and network monitoring. C16's core hash rate and unit power consumption parameters have surpassed its peer miners and are among the top global high hash rate miner models. C16 users could generate more cryptocurrencies at a lower cost, enjoying an upgrade in mining experience.


© S&P Capital IQ 2021
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Financials (USD)
Sales 2020 0,05 M - -
Net income 2020 -1,07 M - -
Net cash 2020 0,07 M - -
P/E ratio 2020 -311x
Yield 2020 -
Capitalization 231 M 231 M -
EV / Sales 2019 1 091x
EV / Sales 2020 6 257x
Nbr of Employees 11
Free-Float 45,2%
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Managers and Directors
Wen Jie Tang Co-Chief Executive Officer & Director
Chenjun Li Co-Chief Executive Officer
Yuan Ning Sim Chief Financial Officer
Bin Cao Chairman
Yu Feng Mi Chief Technology Officer
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