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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019

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Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11.


Japan’s Ginco Doubles Down On Mongolia

The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market.

“The business environment is increasingly harsh, but we can still produce a profit,” Yuma Furubayashi, CEO of Ginco  Mongol told Nikkei Asian Review.

Ginco is originally from Japan, where is offers cryptocurrency wallets, but operates two mining facilities ...

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