Japan’s DMM Launches Large-Scale Cryptocurrency Mining Farm and Showroom


Japan's DMM Launches Large-Scale Domestic Mining Farm and Showroom

Japanese leisure large DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy extra farms abroad. DMM can be launching a showroom, permitting the general public to tour its mining farm, in addition to a mining pool.

Also learn: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

DMM’s Mining Farm in Japan

DMM Inc, the operator of common e-commerce website DMM.com with 27 million members, introduced on Friday the launch of its mining farm in Kanazawa City, Ishikawa Prefecture, Japan. The firm acknowledged:

DMM operates large-scale ‘Japan-quality’ mining farms which are unparalleled in scale in comparison with different home operators…By establishing a mining farm within the chilly district, we understand low worth electrical energy procurement and maximize mining income.

Japan's DMM Launches Large-Scale Domestic Mining Farm and Showroom
DMM’s mining farm in Kanazawa City, Ishikawa Prefecture, Japan.

Japan's DMM Launches Large-Scale Domestic Mining Farm and ShowroomIn addition, the corporate revealed that its mining farm “has also been turned into an open showroom for our customers to access.” The showroom will show 1,000 mining rigs. “We are aiming to open this showroom from the beginning of March,” DMM wrote, including that “we plan to start acceptance from the middle of March for tours for the general public.”

Following the launch in Japan, the corporate plans to deploy further mining farms abroad. “By starting domestically, DMM’s engineering team is directly involved in the operation to secure quality and win the trust of domestic users,” Fuji Television Network described.

DMM’s Mining Rigs

DMM has put in in its mining farm each kinds of mining rigs, ASIC and GPU, permitting the corporate to mine many various kinds of cryptocurrencies. DMM’s “ASIC machines purchased [were] made in China,” the TV station famous. “The ASIC machines are 650 MH/s (mega hash/sec), and the GPU machines are about 300 MH/s or less.”

Japan's DMM Launches Large-Scale Domestic Mining Farm and Showroom
DMM’s ASIC and GPU mining rigs.

The information outlet additional famous that “the power consumption is 750W for ASIC and 1900 to 2000W for GPU,” including that the GPU mining rigs have twelve GPU playing cards linked to 2 energy provides.

Japan's DMM Launches Large-Scale Domestic Mining Farm and Showroom
DMM’s GPU mining rig with 12 GPU playing cards and a couple of energy provides. (PhotographFuji TV Network)

DMM says it’s going to mine a number of kinds of cash, together with bitcoin, ether, and litecoin. “We will not be explicit about bitcoins,” the chief of the DMM mining laboratory Shinichi Takaguchi informed Fuji TV, however emphasised that “Of course we are also mining bitcoins” alongside different cash. Depending in the marketplace atmosphere, he reiterated that the lab will mine all of the cryptocurrencies which are most worthwhile on the time, including that:

In the longer term, we plan to begin managing our personal DMM [mining] pool, and plan to develop cloud mining that enables basic customers to buy mining rights round summer season.

DMM has additionally just lately launched its personal cryptocurrency change, supporting 7 totally different cryptocurrencies and 14 buying and selling pairs, as information.Bitcoin.com beforehand reported.

What do you consider DMM’s mining farm? Let us know within the feedback part under.


Images courtesy of Shutterstock, Fuji TV Network, and DMM.


Need to calculate your bitcoin holdings? Check our instruments part.

The submit Japan’s DMM Launches Large-Scale Cryptocurrency Mining Farm and Showroom appeared first on Bitcoin News.

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Japan’s DMM Launches Large-Scale Cryptocurrency Mining Farm and Showroom

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