Japan’s Internet Giant GMO Quits Mining Hardware Bussiness
GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus...
Japan’s Internet Giant GMO Abandons Bitcoin Cash Mining
Japanese internet giant GMO has switched its entire mining capacity from Bitcoin Cash (BCH) to Bitcoin (BTC) as of July 2018. GMO Mines 568 Bitcoin Blocks In July A copy of the...
Play Video Games, Earn Bitcoin: GMO Launches ‘CryptoChips’
Japanese Internet behemoth GMO has launched CryptoChips, an in-game Bitcoin rewards system. GMO Internet Inc. announced the launch via a statement on its website on May 31, 2018. The...
Want Your Salary in Cryptocurrency? It Could Happen Sooner Than You Think
A number of companies are trying to create ways to pay their employees with cryptocurrencies. And while the concept might be appealing to some, there are several obstacles that have...
Paying Salaries in Bitcoin is Becoming Trendy
Several companies are paying their employees’ salaries in Bitcoin. Now that Bitcoin has been accepted as a mainstream financial asset, this trend is likely to gain greater momentum...
Japanese Company Jumping into Bitcoin Mining Could Start Digital Arms Race
A Japanese company, GMO Internet Group, is looking to jump into bitcoin mining with new chips that could start a digital arms race. One thing you can say about the subject of bitcoin...