NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Operating and Financial Highlights Sales Volume of Altcoin Mining Produc ...

Core Insights - Intchains Group Limited (ICG) is positioning itself as a leader in altcoin mining solutions, particularly through its subsidiary Goldshell, which has launched the AE BOX Series specifically for Aleo mining [1][2] - The upcoming ARC-0043 upgrade for Aleo aims to enhance mining security and efficiency, introducing a new puzzle algorithm that will improve ZK-SNARK verification speed and reduce block verification time [3][4] Group 1: Product Innovations - Goldshell launched the AE BOX and AE BOX PRO on February 7, 2025, as the first ASIC miners designed for Aleo, marking a significant advancement in privacy-focused mining hardware [2] - The AE BOX PRO is noted for its fast setup and high proof security capabilities, utilizing Aleo-optimised chips for superior efficiency compared to traditional GPUs [2] Group 2: Technological Advancements - The ARC-0043 proposal will implement a new puzzle algorithm that increases computational complexity, thereby enhancing the overall efficiency of Aleo's mining operations [3] - The implementation timeline for ARC-0043 is estimated at six months, with testing planned for both testnet and mainnet environments [4] Group 3: Market Dynamics - The shift towards specialized mining products for Aleo is expected to improve profitability and efficiency, as older GPU models face challenges in profitability [5] - As Aleo's ecosystem expands, community contributions and partnerships are becoming increasingly important, with an emphasis on developer participation in upcoming initiatives [6]

26 February 2025 Intermediate Capital Group plc (the “Company” or “ICG”) – Board Change The Board of ICG announces that Robin Lawther has been appointed as a Non-Executive Director of the Company. She will join the Board on 1 November 2025. Robin holds a number of current roles, including as an Independent Non-Executive Director at Standard Chartered PLC, an Independent Non-Executive Director at Ashurst LLP, and a Global Advisory Board Member at Aon PLC. She spent over 20 years at JPMorgan Chase in a number ...

Company Overview - Intchains Group Limited is a provider of integrated solutions, including altcoin mining products, strategic acquisition and holding of ETH-based cryptocurrencies, and the active development of innovative Web3 applications [2]. Event Participation - The Company CFO Charles Yan will present at the 37th Annual ROTH Conference, scheduled for March 16-18, 2025, in Dana Point, CA, United States [1]. - The conference will feature 1-on-1 and small group meetings, analyst-selected fireside chats, industry keynotes, and panels with executive management from approximately 450 private and public companies across various growth sectors [1]. ROTH Overview - ROTH is a relationship-driven investment bank focused on serving growth companies and their investors, providing services such as capital raising, equity research, macroeconomics, sales and trading, and M&A advisory [3].

Core Viewpoint - Intchains Group Limited is set to release its unaudited financial results for the fourth quarter and full year of 2024, highlighting its focus on integrated solutions for altcoins and ETH-based cryptocurrencies to support Web3 initiatives [1]. Group 1: Financial Results Announcement - The company will announce its financial results for the fourth quarter and full year of 2024, which ended on December 31, 2024 [1]. - An earnings conference call is scheduled for February 27, 2025, at 8:00 PM U.S. Eastern Time to discuss these results [2]. - Participants must register online to receive dial-in numbers and a personal access PIN for the conference call [2]. Group 2: Company Overview - Intchains Group Limited specializes in providing integrated solutions that include efficient mining products for altcoins and acquiring ETH-based cryptocurrencies as long-term asset reserves [4]. - The company is actively developing Web3-based applications as part of its industry development initiatives [4]. - More information about the company can be found on its official website [4].

Core Viewpoint - Intchains Group Limited is set to release its unaudited financial results for the fourth quarter and full year of 2024, highlighting its focus on integrated solutions for altcoins and ETH-based cryptocurrencies to support Web3 initiatives [1]. Group 1: Company Overview - Intchains Group Limited specializes in providing integrated solutions that include efficient mining products for altcoins [4]. - The company is actively acquiring and holding ETH-based cryptocurrencies as a long-term asset reserve [4]. - Intchains is focused on developing Web3-based applications as part of its industry development initiatives [4]. Group 2: Financial Results Announcement - The unaudited financial results for the fourth quarter and full year of 2024 will be announced on February 27, 2025 [1]. - An earnings conference call will be held at 8:00 PM U.S. Eastern Time on the same day to discuss the financial results [2]. - Participants must register in advance to join the conference call, receiving dial-in numbers and a personal access PIN upon registration [2]. Group 3: Additional Information - A live and archived webcast of the conference call will be available on the company's website [3]. - For further inquiries, the company provides contact information for investor relations [5].

Core Insights - Intchains Group Limited (ICG) has launched the AE BOX, its first ALEO miner, on February 7, 2025, aimed at enhancing user capabilities in a privacy-focused decentralized blockchain environment [1][2] Product Innovation and Key Advantages - The AE BOX utilizes ALEO's zero-knowledge proofing technology, providing users with limitless computation and absolute privacy [3] - The AE BOX is available for purchase on Goldshell's official website, with a 180-day warranty from the shipment date [3] - Key specifications of the AE BOX include a hashrate of 37 MH/s±5%, power consumption of 9.73 J/MH, and dimensions of 198*150*96 mm [5] Safety and Personalization - The AE BOX enhances safety in crypto mining by ensuring transaction validity without revealing sensitive data, thus reducing fraud risk [6] - It allows for personalization in mining processes, enabling developers to create customizable applications optimized for specific tasks [6] Scalability - The AE BOX improves scalability in crypto mining, allowing for efficient high-performance computations without compromising speed, thus accommodating larger and more complex transactions as the network expands [6] Company Overview - Intchains Group Limited focuses on providing integrated solutions for altcoin mining and holds ETH-based cryptocurrencies as long-term assets to support Web3 development initiatives [8]

Core Insights - Intchains Group Limited (ICG) has launched the AE BOX, its first ALEO miner, on February 7, 2025, which aims to enhance user engagement in decentralized blockchain projects focused on privacy [1][2] Product Innovation and Key Advantages - The AE BOX utilizes ALEO's zero-knowledge proofing technology, providing users with limitless computation and absolute privacy [3][7] - The AE BOX is available for purchase on Goldshell's official website, with a 180-day warranty from the shipment date [3] - Key specifications of the AE BOX include a hashrate of 37 MH/s±5%, power consumption of 9.73 J/MH, and a weight of 2.32 kg [5][8] Safety and Personalization - The AE BOX enhances safety in crypto mining by ensuring transaction validity without revealing sensitive data, thus reducing fraud risk [7] - It allows for personalization in mining processes, enabling developers to create customizable applications optimized for specific tasks [7] Scalability - The AE BOX improves scalability in crypto mining, allowing for efficient computations without compromising speed, which is essential as the network grows [7] Company Overview - Intchains Group Limited focuses on integrated solutions for altcoin mining and holds ETH-based cryptocurrencies as long-term assets to support Web3 development initiatives [9]

Group 1 - Intchains Group Limited is an innovative altcoins development company focusing on integrated solutions for mining products and acquiring ETH-based cryptocurrencies as long-term asset reserves to support Web3 initiatives [1][3] - The company CFO, Charles Yan, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference on February 12, 2025, at 9:30 a.m. EST [1] - The conference will feature discussions on the evolution of the digital asset industry, including insights from bitcoin miners, equipment providers, and corporate adopters of crypto [2] Group 2 - Maxim Group LLC is a full-service investment banking and wealth management firm that provides a range of financial services, including investment banking and equity research [4] - The conference will be live-streamed on M-Vest, requiring attendees to sign up for membership to participate [3]

Group 1 - Intchains Group Limited is an innovative altcoins development company focusing on integrated solutions for mining products and acquiring ETH-based cryptocurrencies as long-term asset reserves to support Web3 initiatives [1][3] - The company CFO, Charles Yan, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference on February 12, 2025 [1][2] - The conference will feature discussions on the evolution of the digital asset industry, including insights from bitcoin miners, equipment providers, and corporate adopters of crypto [2][3] Group 2 - Maxim Group LLC is hosting the conference and is a full-service investment banking and wealth management firm providing a range of financial services [4] - The conference will be live on M-Vest, requiring attendees to sign up for membership to participate [3]