In brief

  • has announced the purchase of's mining business.
  • is an online sports lottery provider.
  • The transaction is expected to go through on or before April 15, 2021.

Online sports lottery provider has acquired the Bitcoin mining pool, according to a press release. offers an array of online lottery services, and has recently been seeking to develop its blockchain-related business and products. This now includes cryptocurrency mining. 

The purchase was executed as part of a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands. The first group of transactions executed under this agreement include the transfer of the entirety of’s mining operation to, and is expected to occur either on, or before April 15, 2021. 


The mining pool business—including the domain name and cryptocurrency wallet—is operated under, but belongs to Bitdeer Technologies Holding Company, the parent company of Blockchain Alliance.

Established in 2016, users can search and browse real-time blockchain information using, and manage their mining business through the website or app. Users are also able to save the cryptocurrency they have mined in the wallet.

In addition, and Blockchain Alliance also agreed that if the mining pool business records a net operating profit in the fiscal year ending December 31, 2021, will issue additional shares to Blockchain Alliance.

On the other hand, if the mining pool business records a net operating loss in the same financial year, will be entitled to the repurchase of shares held by Blockchain Alliance.

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