Major Thai Telecom Operator Plans To Out-Mine All Of 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 ten-fold, installing a further 5,000 machines in partnership with the Jastrel Network at industrial locations around Thailand.

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