Japanese GMO Begins Mining Bitcoin in Europe

in #bitcoin7 years ago

Good news in cryto space.. Japanese is serious about crytocurrency in future...

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Japanese internet and technology conglomerate GMO Internet Co has kicked off its cryptocurrency mining venture in Northern Europe.

First revealed in September, Tokyo-based GMO Internet announced its intention to invest over $3 million toward a bitcoin mining operation in the first half of 2018. “We believe that cryptocurrencies will develop into ‘new universal currencies’”, the internet giant stated at the time, “available for use by anyone from any country or region to freely exchange “value’”. The multi-billion dollar conglomerate was already operating its bitcoin exchange at the time, launched a month after Japanese legislation recognized bitcoin as a legal method of payment in April.

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