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.