Alibaba Launches Cryptocurrency Mining Platform

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Chinese e-commerce giant Alibaba has launched a surprise cryptocurrency mining platform, unconfirmed sources surfacing today claim.


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As cryptocurrency fever has swept the world, more businesses have looked to get on board with the digital currency craze. And yet, Alibaba's new venture is not a cryptocurrency. So what exactly is P2P Nodes?

The registration for P2P Nodes was reportedly completed in October 2017. So far, not much is known about the operation, although Finance Magnates suggests it might be based on third-party mining. This might mean Alibaba will loan out space in its cloud platform for clients to mine cryptocurrency.

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Alibaba Launches Cryptocurrency Mining Platform | Ecency