Japan to enter the special currency mining industry, plans to establish a mining base outside Japan

in #bitcoin7 years ago


Japan's budget business giants are considering entering the Bitcoan mining industry, trying to create new revenue. They plan to assist in the development of standard procedures for the use of Bitcoin. Japan's GMO and DMM.com said they are in the field of mining. The two companies have already started digital currency and Bitcoar transactions.

Asia Nikkei's article summarizes: "Some brokers who can not use digital money are entering the virtual mining industry. As the Japanese are keen to buy Bitcoin and similar currencies, SBI Holdings, GMO Internet and other online securities companies hope Will be mining into a new source of income. "

With Bitcoin is more and more accepted and used, bit currency remittance return is also very impressive. Nevertheless, individuals or organizations want to participate in mining, must have a lot of money. So far, the vast pool is the basic element of huge income. On a global scale, miners earn $ 7.84 million a day.

British start-up company Blockchain said that in general, the global miners daily income of $ 7.84 million, 10 times the previous two years.

This additional income stimulated the Japanese financial industry to get some large pool. In particular, they want to be able to maintain the mine in places where electricity is relatively cheap outside of Japan. In August this year, SBI set up a new mining sector, plans to establish a mining base outside Japan, reduce electricity costs. At the same time, Monex plans to issue its own digital currency and its mining.

In addition, Japan plans to benefit from China's policies. As China banned ICO and some digital currency trading, Japan has become a leader in digital currency and Bitcoin transactions. There are rumors that China may bite Bitcoin, Japan believes that this will be the opportunity to seize the vast mining market.

This will also increase the voice of the Japanese miners in the Bitcoin Convention. If they have an important place in mining, they will have the ability to influence part of the principle of Bitcoin. In view of the fact that the Japanese digital money industry hopes to start intensive mining is not surprising. Their plans are flawless, and they can be tapped by Bitcoin to become an important player in this field.

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