{"id":88,"date":"2024-06-12T23:46:34","date_gmt":"2024-06-12T20:46:34","guid":{"rendered":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/500-com-bets-on-blockchain-and-bitcoin-mining-amidst-revenue-slump\/"},"modified":"2024-06-17T12:46:30","modified_gmt":"2024-06-17T09:46:30","slug":"500-com-bets-on-blockchain-and-bitcoin-mining-amidst-revenue-slump","status":"publish","type":"post","link":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/500-com-bets-on-blockchain-and-bitcoin-mining-amidst-revenue-slump\/","title":{"rendered":"500.com Bets on Blockchain and Bitcoin Mining Amidst Revenue Slump"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/CqHlIhQifZg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The online sports lottery hub, 500.com, based in China, experienced a minor revenue bump of 5% during the final quarter of 2020, totaling 9 million yuan (approximately $1.4 million USD). This modest win follows a challenging period for the firm, as their overall earnings for 2020 dwindled substantially in comparison to 2019. <\/p>\n<p>Despite this, a beacon of optimism emerges. 500.com is undertaking a strategic shift, aiming to prioritize blockchain technology and digital currencies. They are pouring significant resources into this new venture, including a sizable acquisition of Bitcoin mining equipment.  Furthermore, they have augmented their ownership in Loto Interactive Limited, an enterprise already generating buzz within the Bitcoin mining sector. This maneuver signifies a daring endeavor by 500.com to reshape their identity and exploit the flourishing cryptocurrency market. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The online sports lottery hub, 500.com, based in China, experienced a minor revenue bump of 5% during the final quarter of 2020, totaling 9 million yuan (approximately $1.4 million USD). This modest win follows a challenging period for the firm, as their overall earnings for 2020 dwindled substantially in comparison to 2019. Despite this, a [&hellip;]<\/p>\n","protected":false},"author":110,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>500.com: Betting on Blockchain for a Comeback?<\/title>\n<meta name=\"description\" content=\"Chinese online sports lottery firm 500.com saw a slight revenue boost in late 2020, but can their new focus on blockchain technology turn their fortunes around after a tough year?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/500-com-bets-on-blockchain-and-bitcoin-mining-amidst-revenue-slump\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"500.com Bets on Blockchain and Bitcoin Mining Amidst Revenue Slump\" \/>\n<meta property=\"og:description\" content=\"Chinese online sports lottery firm 500.com saw a slight revenue boost in late 2020, but can their new focus on blockchain technology turn their fortunes around after a tough year?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/12\/500-com-bets-on-blockchain-and-bitcoin-mining-amidst-revenue-slump\/\" \/>\n<meta property=\"og:site_name\" content=\"Licensed Online Casino: Discover Thrilling Games &amp; 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