Japan’s DMM Group Quits Crypto Mining Business

News | January 2, 2019 By:

Japanese entertainment giant DMM Group is reportedly closing down its cryptocurrency mining business.

In October 2017, DMM started operating a mining farm in Japan’s Kanazawa city. The facility mined major cryptocurrencies such as bitcoin, ethereum, and Litecoin. The company also created a “research and development specialty lab” for crypto mining called DMM Mining Labo.