⛏️ Japan's SBI Group sets up spin-off to manufacture crypto mining chips
SBI Group has set up a dedicated subsidiary, SBI Mining Chip Co. Ltd. (SBIMC), to manufacture mining chips. SBI's last venture into mining concluded last year with its subsidiaries mining of Bitcoin Cash ($BCH). The Japanese Financial giant joins a market that could be rebounding based on competitor Bitmain's recent business actions.
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