GMO announces that it no longer plans to develop, manufacture and sell mining machines, as it reports Y36bn of losses related to mining

The company blames the decline in the price of cryptocurrency. However we doubt they ever had a competitive advantagehttps://t.co/owz8ZUPV8d pic.twitter.com/y3Z78IzAyB

— BitMEX Research (@BitMEXResearch) December 26, 2018