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Japanese company offers salary in Bitcoin

18 December 2017 21:00, UTC

The company in Japan called GMO Internet offers its employees salaries in Bitcoin, and what is interesting here is that this company is not a fintech startup, but rather a big corporation with different departments, and the one described is not connected with fintech. “Offers” means here that it’s only an employee who will decide in what form he is going to get the money as a reward for his work.

Those who thought the company is not going to profit from this option as the price grows too high should know that the sum of BTC payment will not be higher than 100,000 yen or $880 dollars, as specified by Futurism. And after all, the current market bullish sentiment does not necessarily mean the price will only grow. This means that the employees of this company do not have to prefer one option over another here.

GMO also plans to launch its own ICO in the future, and the bonus tokens, as claimed by the company, will allow to have a share in a cloud mining business or purchase the mining rigs made by the company’s hardware department.

This company already appeared on our site in connection with its considerable, enormous investment of $300 million in hardware designed specifically for mining. As most cryptocurrency enthusiasts know, mining rigs are usually made of video cards designed for image and 3D models rendering (the speed of the latter is what pushes gamers to buy new expensive video cards).