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JTS proclaims lofty Bitcoin ambitions
published : 26 Jul 2021 at 04:30
SET-listed Jasmine Telecom Systems (JTS), a subsidiary of telecom operator Jasmine International (JAS), is making a foray into the Bitcoin mining business to catch the wave of cryptocurrency investment.
The company aims to become the largest Bitcoin mining farm in Asean by 2024.
JTS said it will gradually install 500 Bitcoin mining machines in the third quarter at its Jastel Data Centre.
In the second phase, another 5,000 machines are scheduled for installation early next year at industrial estates that have a business partnership with Jastel Network, a telecom network and service provider under JTS.
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