DMM will launch Bitcoin farm and pool

Japan’s Entertainment Giant and operator of e-commerce website with 27 million members will operate a large-scale cryptocurrency mining farm
09 September 2017   1478

The giant of e-commerce DMM Group reported on plans to build a large mining farm. This is reported by Bitcoin Com.

DMM believes that the new business unit will be one of the largest mining farms in the world. Preparatory work for the launch of the farm will begin in October, and full-fledged work of DMM Pool will begin next year.

“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. After completion of successful trials in October 2017, “DMM POOL” will be released for world-wide use within the year 2017. During the year 2018, DMM will be one of the 10 largest mining farms in the world.

DMM Team

Among other things, the new division of DMM plans to provide a wide range of users of cloud-based services.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   113

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.