Japanese Internet Giant GMO Launches Bitcoin Mining BusinessJapanese Internet leader GMO Group has announced today that it has launched a new cryptocurrency mining business through its European legal entity, as it aims to gain a better understanding of the virtual currency. Also Read: GMO Launches Bitcoin Mining Business Japanese conglomeratea new cryptocurrency mining business that will use existing technology to mine from facilities (mining centers) in Northern Europe. The new business will gradually extend in phases, the company detailed in its announcement on December 20. According to the company’s website, GMO Internet will use 7-nanometer(nm) process technology chips in the mining process, and is currently jointly working on research and development with their alliance partner wh
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