GMO Internet Quits Bitcoin Miner Production After Recording Extraordinary Losses

Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector citing “extraordinary loss” in Q4 this year, Cointelegraph reported on Tuesday, December 25. According to a public document, the Tokyo-based company will “no longer develop, manufacture and sell” miners. “GMO Internet, Inc. resolved at the meeting of the Board of Directors held […]