GMO Internet

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s

The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.

Business  ·  20 November 2019

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

GMO Reports $5.6 Million Q3 Loss on Crypto Mining

Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business.

Business  ·  13 November 2018
Japan

Internet Giant GMO to Roll Out Yen-Pegged Crypto Stablecoin in 2019

Japanese IT giant GMO Internet is jumping on the stablecoin bandwagon, planning the launch of a yen-pegged cryptocurrency in 2019.

Markets  ·  9 October 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
Banks

GMO’s New Internet Bank Will Settle Payments With Blockchain

Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.

Business  ·  17 July 2018
Bitcoin

$1,999: GMO Reveals Details of Its New 7nm Bitcoin Miner

Japanese IT giant GMO Internet has revealed prices and specs for its new-from-the-ground-up bitcoin miner – the world's first based on a 7nm chip.

Tech  ·  5 June 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

Tech Giant GMO to Roll Out World’s First 7nm Bitcoin Miner

Japanese IT giant GMO Internet says it will ship the world's first bitcoin mining device based on 7nm chips before November.

Tech  ·  24 May 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’s Crypto Mining Facility Is Up and Running

GMO Internet, a publicly listed IT firm in Japan, has officially launched its cryptocurrency mining operation.

Business  ·  20 December 2017
Japan

Japan’s GMO Internet to Roll Out Bitcoin Payroll System

Japanese internet giant GMO revealed yesterday that it soon allow staff to receive some of their salary in bitcoin.

Business  ·  13 December 2017
Japan

Japan’s GMO Internet Unveils New Blockchain KYC Project

Japanese digital services firm GMO Internet has debuted its latest blockchain project: a "know your customer" app aimed at the banking industry.

Policy & regulation  ·  19 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