Cryptocurrency Mining Business: Monthly Report for April 2018
May 07, 2018 at 02:42 am EDT
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Company Name:
GMO Internet, Inc.
(TSE First Section, Code: 9449)
Address:
26-1 Sakuragaoka-cho Shibuya-ku Tokyo JAPAN
Representative:
Masatoshi Kumagai, CEO and Representative Director
Contact:
Masashi Yasuda, Chief Financial Officer
Telephone:
+81 3 5456 2555
URL:
http://www.gmo.jp/en
May 7, 2018
Cryptocurrency Mining Business: Monthly Report for April 2018
GMO Internet, Inc. hereby announces the monthly mining reward*1 and hash rate*2 in our cryptocurrency mining business.
[April 2018]
Hash rate rose due to the increase in the number of computers we are operating as planned.
Mining reward *2
(Reference) rate as of the end
of each month
Hash rate
(unit: PH/s)
Bitcoin
(unit: BTC)
Bitcoin Cash
(unit: BCH)
JPY/BTC
JPY/BCH
Dec 2017
21
213
1,682,581
288,439
22
Jan 2018
93
25
1,093,163
159,348
27
Feb 2018
124
287
1,132,780
131,655
108
Mar 2018
295
12
740,777
73,773
129
Apr 2018
373
0
1,013,978
150,450
241
May 2018
Jun 2018
Jul 2018
Aug 2018
Sep 2018
Oct 2018
Nov 2018
Dec 2018
*1： Mining reward is gained as a result of mining cryptocurrencies. We are currently mining Bitcoin
(unit: BTC) and Bitcoin Cash (unit: BCH).
*2： Hash rate is an indicator of mining performance, the unit of which is H/s (the amount of computation per second). One PH/s means the amount of computation is 1 peta (1,000 trillion) times per second.
Hash rate is an important indicator for estimating our mining share. Our goal is to see the hash rate reach 3,000PH/s this year. Our mining share depends on the market's total hash rate, so increased hash rate does not necessarily lead to increased mining reward. For each currency pair, profitability fluctuates and the allocation of hash rate is based on an algorithm. The above figures are as of the end of each month.
*3： The Company shall disclose monthly information by the 5th business day of each month. Please note that the details of the disclosure and when the information will be disclosed may be subject to change without notice. Please note that the above is a preliminary data which may be subject to revision.
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GMO Internet Inc. published this content on 07 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 May 2018 06:41:03 UTC
GMO Internet Group Inc, formerly GMO Internet Inc, is engaged in Internet infrastructure business, Internet advertising and media business, Internet finance business, crypto asset business and incubation business. The Company operates through five segments. The Internet Infrastructure segment is engaged in domain business, cloud hosting business, electronic commerce (EC) support business, security business, and access business. The Internet Advertising and Media segment is engaged in Internet advertising business, Internet media business, and Internet research business. The Internet Finance segment provides financial instruments trading services such as online securities trading services and foreign exchange margin trading services. The Crypto Asset segment is engaged in the business related to crypto asset exchange and mining. The Incubation segment invests in unlisted companies, mainly Internet-related companies. The Company is also engaged in the mobile entertainment business.
GMO INTERNET GROUP, INC. 
