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Author Topic: $90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details  (Read 173 times)
sanjeev.lamani@
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September 15, 2017, 04:09:01 AM
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Japanese digital services firm GMO has divulged additional plans for its forthcoming cryptocurrency mine

https://www.coindesk.com/90-million-budget-japans-gmo-reveals-cryptocurrency-mining-details/

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September 15, 2017, 04:14:15 AM
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 The article mentions they will begin testing a new 7nm semiconductor chip by the spring. I can just imagine the mining speed on their $90 Million Budget coin mining setup. One can only dream!

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September 15, 2017, 04:15:15 AM
 #3

This means that Japan supports Cryptocurrency. They are about to start by the end of 2017.

As of now, I expect that BTC price will go low until he reached 3000 USD mark

from that price i will BUY BTC again.  Wink

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EmmanCryp
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September 15, 2017, 09:00:33 AM
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Japanese digital services firm GMO has divulged additional plans for its forthcoming cryptocurrency mine

https://www.coindesk.com/90-million-budget-japans-gmo-reveals-cryptocurrency-mining-details/

Bitcoin really needs more of this positive news nowadays to revive it !!

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September 15, 2017, 09:08:31 AM
 #5

This means that Japan supports Cryptocurrency. They are about to start by the end of 2017.
Japan has started their support for bitcoin for a while now. i think it was the start of 2017 or maybe end of 2016 that they started talking about legalizing it and then soon after they called bitcoin "legal method of payment" and that was the start of this rally.
then their biggest Forex broker added a new dedicated platform for bitcoin trading.
and a couple of months later they even removed taxation of bitcoin payments.

Japan is one of those advanced countries that is known to be technology friendly and they have been proving that with bitcoin this year.

Quote
As of now, I expect that BTC price will go low until he reached 3000 USD mark

from that price i will BUY BTC again.  Wink
meh, the market is too unpredictable for my liking. i have sold what i wanted to when price was above $4000 and now i am holding the rest of my stash and i don't care what happens.
then when market became a little more predictable i will start acting on it.

miningguru
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September 15, 2017, 09:10:30 AM
 #6

Japanese digital services firm GMO has divulged additional plans for its forthcoming cryptocurrency mine

https://www.coindesk.com/90-million-budget-japans-gmo-reveals-cryptocurrency-mining-details/

Bitcoin really needs more of this positive news nowadays to revive it !!

Yes, people always react to negative news compared to positive news. The industry is like dependency on a single country is not always good, sometimes it will happen because those who take risks they will see the benefits in future Bitcoins.

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