Japanese entertainment giant DMM Group, the operator of e-commerce site
DMM.com with 27 million members, has announced that it will operate a large-scale cryptocurrency mining farm. The company plans to become one of the top three mining farm companies in the world.
DMM Group Gets into Mining
DMM Group
announced on Friday that it has established a Virtual Currency Division which will operate a mining business beginning in October. DMM’s announcement came one day after Japanese internet conglomerate GMO Internet, Inc.
announced its bitcoin mining business plan. The company states that:
" “DMM Mining Farm” will operate a mass-scale, made-in-Japan quality, mining farm whose operating size will be unmatched by any of the domestic operators. In the future, DMM plans operation that ranks in top three of the world’s mining farm companies in terms of scale. "
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