The Tortoise and the Hare: GMO’s Bitcoin Mining Operation Growing

[kreslik.news]

GMO Internet’s cryptocurrency mining operation has more than doubled its earnings since February, according to an official company report.

However it remains far from its goal of overtaking the Chinese in this area.

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Somewhere in Northern Europe

GMO Internet is one of Japan’s biggest corporations. It has many subsidiaries, one of which is the biggest foreign exchange operation in the world. A few of its branches are devoted to cryptocurrency – for example, it has a cryptocurrency exchange called GMO Coin that was established in January 2017 under ... (read more)