GMO Had a Plan to Take Down Bitmain; Now It’s Bidding Bitcoin Mining Goodbye

GMO Had a Plan to Take Down Bitmain; Now It’s Bidding Bitcoin Mining Goodbye


More than a year after launching an in-house mining business, Japanese internet conglomerate GMO Internet has announced that it will no longer, develop, manufacture, or sell cryptocurrency mining equipment. In a statement, the Japanese tech firm disclosed that the decision was prompted by challenging business conditions which resulted in an “extraordinary” consolidated quarterly loss totaling

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Posted by Mark Emem on December 26, 2018 @ https://www.ccn.com/gmo-had-a-plan-to-take-down-bitmain-now-its-bidding-bitcoin-mining-goodbye/

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