Crypto exchange EXMO announced Bitcoin Cash support

Users of the cryptocurrency exchange are now able to trade BCH/BTC, BCH/USD, BCH/RUB
22 November 2017   1944

On November 22, the cryptocurrency exchange EXMO added Bitcoin Cash (BCH), the cryptocurrency with a total market capitalization of $ 22 billion, to the list of digital currencies. Now this crypto is available to trade on the most popular currency pairs on the market: BCH/BTC, BCH/USD, BCH/RUB.

At the moment of writing, Bitcoin Cash price is about $1310.86 and it takes a third place with a big gap from Ripple, with which earlier BCH sometimes changed places. 

BCH price at coinmarketcap.com

That is why EXMO is not the only crypto platform that intends to add a coin to its listing. The British trading platform Bitstamp announced plans to start Bitcoin Cash trading in the beginning of December.

GMO Internet to Report on BTC Mining Increase

Additionally GMO completely stopped mining Bitcoin Cash; in November 2017, it mined 400 BCH coins
09 January 2019   299

Japanese IT giant GMO Internet Group has published a report, which reported an increase in the number of BTC companies.

The company also confirmed information about the termination of the production of its own equipment due to significant financial losses. In addition, GMO confirmed plans to transfer mining capacities to regions with cheap energy prices and the possibility of switching to alternative energy sources.

During last December GMO mined 960 BTC. This is almost a third more than in November 2018. Also, this indicator is 45 times higher than the volume of extracted bitcoins during December 2017, when the company was just starting the mining business.

On the other hand, GMO completely stopped mining Bitcoin Cash (BCH). Note that in November 2017, the company mined 400 coins of this fork of Bitcoin.

Last December, the GMO mining hashrate was 670 PH / s, which is 30 times more than a year ago.

The company also announced that it will now provide reports quarterly.