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Bloomberg
SBI Holdings Inc and Japanese internet-service provider GMO Internet Inc are about to start extracting Bitcoin at the world’s largest crypto mine, located in the industry’s new hotspot: Rockdale, Texas.
The two firms have in principle agreed with Northern Bitcoin AG subsidiary Whinstone Inc to process cryptocurrency transactions at the German company’s facility within the coming months, according to people familiar with the matter.
Renting out capacity to SBI Crypto, a unit of SBI Holdings, and GMO may help Northern Bitcoin to get further large, crypto-savvy investors on board.