GMO Internet Exits Bitcoin Miner Production After Recording ‘Extraordinary Loss’ in Q4

Crypto New Media

GMO Internet Exits bitcoin Miner Production After Recording ‘Extraordinary Loss’ in Q4

Crypto New Media Press

Japanese internet giant GMO Internet Group is quitting the bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document. Citing “extraordinary loss” in Q4 this year, GMO, which began its foray into bitcoin mining in 2017, said that it will “no longer develop, manufacture and sell” miners. “After taking into consideration changes […]

The post GMO Internet Exits Bitcoin Miner Production After Recording ‘Extraordinary Loss’ in Q4 appeared first on Crypto New Media.

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