Bloomberg: SBI and GMO become new customers for world's largest cryptocurrency mine

According to Bloomberg News, SBI Holdings and Japanese Internet service provider GMO Internet Inc. (referred to as GMO) are about to start mining Bitcoin at the world's largest cryptocurrency mine in Rockdale, Texas. According to people familiar with the matter, the two companies have in principle reached an agreement with Whinstone Inc., a subsidiary of Northern Bitcoin AG, to process cryptocurrency transactions at the company in the coming months. People familiar with the matter added that renting out mining capacity to SBI Crypto and GMO, SBI's holdings, could help Northern Bitcoin AG attract more large investors with deep knowledge of the crypto industry. Spokespeople for Northern Bitcoin AG, GMO and SBI declined to comment on the matter.