United International Education (METX.US) Launches Pilot Operation of Cryptocurrency Mining Activity in Pennsylvania, United States

On January 11, Midland International Education (METX.US) announced that it had first started operations in its cryptocurrency mining business in Pennsylvania, United States. Currently, the company secures 147 cryptocurrency miners with a total power of 14P in Pennsylvania, USA.

As part of a previously announced partnership with AGMH (AGMH.US), Midland International Education purchased a cryptocurrency miner from AGMH. Recently, AGC shipped 1,335 Bitcoin miners to the company. With the shipment, the company will expand the calculator of its mining machine to reach 135P. The company expects all miners to be fully operational by January 2022, with the cryptocurrency mining industry up and running.

Engaging in the cryptocurrency mining industry is one of the company's strategic plans for transitioning to a more efficient “Metaverse Tech Enterprise”. In addition, the company has now started manufacturing mines in Canada and the United States. In the future, the company hopes to operate a future mine in North America and provide accommodation services to other miners around the world.