Major Thai Telecom Operator Plans To Out-Mine All Of Southeast Asia
Jasmine Telecom Systems has announced its ambitious Bitcoin mining plans to become the largest BTC miner in Southeast Asia.The Stock Exchange of Thailand (SET) listed subsidiary of Jasmine International (JAS), called Jasmine Telecom Systems (JTS) has announced ambitious Bitcoin mining plans. JTS plans to become the largest Bitcoin miner of the ten nations comprising the Association of Southeast Asian Nations (ASEAN).The Thai telecom operator will install 500 Bitcoin mining machines over the course of the third quarter this year. In the following year, JTS aims to scale its mining operation....
Related News
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of assets under management (AUM), as the corporation’s 100+ branches hold more than $600 billion today. The bank published information on the subject and then swiftly removed the announcement. However, a....
Coins, a bitcoin startup that aims to bring financial inclusion in Southeast Asia has raised $5 million in a Series A round of funding to accelerate its effort to bring basic financial services for the unbanked in the region. Led by the Accion Frontier Inclusion Fund, the funding round also involved notable investors that includes prolific bitcoin- and blockchain-centric Digtial Currency Group former Google CEO Eric Schmidt’s Innovation Endeavors. Other investors include the investment arms of Globe Telecom and Smart Communications, the biggest telecom companies in the Philippines, making....
In Southeast Asia, Bitcoin is gaining traction as a genuine store of value as investors in the region are viewing the digital currency as an attractive investment opportunity. Among the Bitcoin companies located there, Luno (formerly BitX) and Bitcoin Indonesia have watched this growth with interest. Headquartered in Singapore, Luno allows customers to buy, sell and store the digital currency. It operates in several countries around the world including the U.K., South Africa and Nigeria. In Southeast Asia, Luno has operations in Malaysia, one of its largest markets, as well as in....
Andreas Antonopoulos to tour SouthEast Asia delivering talks on Bitcoin and cryptocurrency technology. Andreas M. Antonopoulos, a well-known personality in the cryptocurrency space has turned into an apostle. The vocal advocate of Bitcoin and cryptocurrency technology, Andreas is soon going to promote the digital currency across Southeast Asia. Antonopoulos has scheduled a Southeast Asia tour starting February 17, 2017. The tour will begin with a speech at the TRYBE Workspace in Phnom Penh, Cambodia. The event is being organized by Coin Cafe, a unique Bitcoin-themed restaurant in the city.....
Thailand startup Bitkub Capital Group Holdings, founded in 2018, hit unicorn status last month notching up a valuation of over $1 billion. Now the crypto exchange intends to expand over Malaysia, the Philippines, and Laos, aiming to become “the Coinbase of Southeast Asia”, said the chief executive officer Jirayut Srupsrisopa. The Bangkok-based crypto exchange is aiming for huge growth during 2022 as it looks for the possibilities for partnership in Southeast Asia and setting up its own units, Bloomberg reported. Part of the strategy focuses on monopolizing in countries that lack....