Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy

The government of a Japanese city known for its renewable energy and low temperature in the wintertime is attracting cryptocurrency miners to use its clean electricity. One company has already announced that it will open “the first clean energy-based Japanese mining center” in the city to mine 10 cryptocurrencies including bitcoin.

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The Tokyo-based Miner Garage Co., Ltd., which runs a business of mining digital currencies such as bitcoin, recently announced that it has been certified and invited to operate in Kazuno City.

“With the city’s help, and utilizing the city’s natural resources of clean energy, Miner Garage will open and operate the first clean energy based Japanese mining center in December 2017,” its president Takuya Omata stated. With such natural resources, the company believes that “mining in Japan is very possible and can compete with numerous foreign mining companies.”

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