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.
GMO
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.
Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.
Japanese IT giant GMO Internet has made another move into the cryptocurrency space with the launch of a GPU mining client for zcash.
GMO
