The digital currency and blockchain industry has attracted a lot of individuals, organizations, and firms. As a result of the huge benefits of digital currencies and their underlying technologies, the blockchain industry has seen an influx of developers, companies, and investors. Recently, GMO Internet Inc. – a giant technology based in Japan – decided to make a digital currency mining business.
GMO Internet Inc. Launches Cryptknocker
GMO recently announced the launch of a new Zcash (ZEC) software mining on GPUs (graphics processing units). The firm made this announcement via a press release on the 28th of September, and the firm dubbed the new client "Cryptknocker."
Equihash algorithm-based digital currencies such as Zcash (ZEC) with GPUs. Cryptknocker is only one of the numerous digital notes. GMO Internet Inc. is already running on its own. GMO Coin digital currency trading platform and it has also adopted Bitcoin (BTC) as a means of payment for some of its staffs.
The firm said that the new software can be downloaded for free. However, it is going to collect two percent of the profits from users as compensation for the costs of development. GMO Internet Inc. is already in the Bitcoin (BTC) mining business, nevertheless, it made a move into the mining of Zcash (ZEC) despite the fact that there has been a continuous decline in profits from its mining business over the past months.
Bitcoin (BTC) for in-game rewards tagged "CryptoChips". has increased their adoptions also.
Zcash (ZEC) Price Today – ZEC / USD
Zcash (ZEC) is trading at $ 132 after a decline of 7 percent over the past twenty-four hours. The digital currency currently has a market cap of $ 648.47 million with a trading volume of $ 147.08 million over the past twenty-four hours.