GMO

Japanese Internet Giant Taps Zero Hash for Settlement in Yen, US Dollar Stablecoins

The companies say the move will eliminate bottlenecks in the moving and settling of Japanese yen associated with traditional financial rails.

News  ·  15 April 2021

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York

The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.

Policy & regulation  ·  29 December 2020
Mining

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

Potentially the world's biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.

Business  ·  7 January 2020
Japan

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

Business  ·  13 February 2019
Bitcoin Mining

GMO Quits Selling Mining Machines After Crypto Market Downturn

Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.

Business  ·  26 December 2018
Mining

Tech Giant GMO Wants to Help You Mine Zcash – For a Cut

Japanese IT giant GMO Internet has made another move into the cryptocurrency space with the launch of a GPU mining client for zcash.

Business  ·  28 September 2018
Exchanges

GMO’s Cryptocurrency Business Made $2.3 Million Profit in Q2

After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.

Business  ·  9 August 2018
Bitcoin Mining

A New Bitcoin Mining Calculator Aims to Tell ‘Truth’ on Profitability

A new type of profitability calculator has been released – and it brings bad news for many miners.

Markets  ·  2 August 2018
Bitcoin

GMO Launches Mobile App That Lets Gamers Earn Bitcoin

Japan's GMO Internet Group has developed a new mobile app that aims to introduce the public to bitcoin simply by playing games.

Tech  ·  1 June 2018
Bitcoin

GMO Has Mined Millions of Dollars in Bitcoin Already

The crypto mine launched by Japanese IT firm GMO Internet has generated more than $3 million in revenue over the past three months.

Tech  ·  6 March 2018
Japan

GMO Internet Eyes August Launch for Crypto Cloud Mining

August is when GMO Internet says it could formally kick off its cloud mining service.

Business  ·  12 February 2018
Mining

GMO ICO? Bitcoin-Friendly IT Firm Announces Token Sale

Japanese IT firm GMO is adding another twist to its ongoing cryptocurrency initiative: a plan for an initial coin offering (ICO).

Business  ·  27 October 2017
Bitcoin

$90 Million Budget: Japan’s GMO Reveals More Cryptocurrency Mining Details

Japanese digital services firm GMO has divulged additional plans for its forthcoming cryptocurrency mining operation.

Business  ·  14 September 2017
Japan

Japan’s GMO Internet Reveals Cryptocurrency Mining Plan

Japan's GMO Internet is launching a new bitcoin mine in Europe, months after it launched a cryptocurrency exchange.

Business  ·  8 September 2017