GMO Internet’s First Cryptocurrency Mine Is Now Operational In Northern Europe

GMO Internet’s First Cryptocurrency Mine Is Now Operational In Northern Europe

Japan-based GMO Internet , an internet and technology conglomerate, has officially kicked off its cryptocurrency mining operation. The company has not disclosed the exact location of the new mine but acknowledged that it is based somewhere in Northern Europe. GMO formed its first mining unit in September 2017 and planned on making it operational sometime during the first quarter of 2018. This is not the first-of-its-kind investment by the company in the rapidly expanding realm of virtual currencies. It has launched several other cryptocurrency-related ventures since 2016, including an exchange platform and a bitcoin -focused payroll service, among others. […]