power supply, we will operate a next-generation mining center utilizing plentiful renewable energy in Northern Europe, and secure clean and inexpensive power supply, which will allow us to control the costs of operating facilities. Cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply to operate and cool the computers. We will use cutting-edge 7 nm process technology for chips to be used in the mining process, and are currently working on its research and development with our alliance partner having semiconductor design technology to realize high performance computer for mining. Japanese IT firm GMO is adding another twist to its ongoing cryptocurrency initiative: a plan for an initial coin offering (ICO). The company was not immediately available for comment. We will issue tokens as a method to buy next-generation mining boards. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.
And stakeholders profits when designing the token sale.
At the end of September, GMOs bitcoin exchange subsidiary.
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Though some of the finer details remain unclear, the company which previously revealed plans to open up a cryptocurrency mine and an accompanying cloud mining service is planning to use the token as part of a payment system for an upcoming series of products. eIN News /, gMO Internets Bitcoin mining business, cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply robinhood trade bitcoin to operate and cool the computers. After the launch of the Bitcoin mining business, we will also sell our own next-generation mining boards. GMO Internet image via Shutterstock. We are a distributor, not a publisher, of 3rd party content. EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. Email, print Friendly, share, october 25, 2017 03:00 ET, source: GMO Internet, Inc. GMO projects to launch its own mining operation somewhere in Europe by the end of December. Email: Share on, facebook, twitter, linkedIn, google, distribution channels: IT Industry.
Press Inquiries, gMO Internet Group, group Public / Investor Relations, tEL. These board will also use less power compared to similar chips on the market, the firm claimed. Its uncertain at this time whether or not GMOs token would be based on an existing blockchain or if it would seek to launch its own protocol. .