Large enterprises are entering the virtual currency mining business one after another!

Major companies are announcing the establishment of cryptocurrency mining farms one after another,
and it has become a major topic in the industry.

On February 9, DMM.com announced that it has started operating a large-scale cryptocurrency mining farm in Kanazawa City, Ishikawa Prefecture.
By establishing a mining farm in a cold region, they aim to secure low-cost power procurement and maximize mining profits.

The goal is to maximize mining revenue by locating the mining farm in a cold area,and to maximize mining profits.

In March of the same year, a mining farm with around 1,000 machines was to be turned into a showroom,
and in addition to industry insiders, an appointment-based tour for the general public would be
accepted, with the showroom aiming to open in early March,
and general public viewing to start accepting reservations in mid-March.

 DMM Mining Farm Exterior


Also, GMO Internet announced on February 9, 2018, that it would start its cloud mining service from August.
The company would recruit businesses and individuals who want to participate in mining (mining) of Bitcoin, etc.,
and would lend the necessary equipment.
Rental fees for the equipment were set at a bold price of 5 million dollars per lot (about 540 million yen).

Mining is said to be most efficient in cold regions to keep computers cool,
and because mining calculations consume a lot of electricity, the company has opened mining centers in two Northern European countries with cheap electricity costs.


Mining centers opened by GMO Internet in Northern Europe

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