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GMO Internet Group, a Japanese internet service chose to put itself all the more immovably in the cryptocurrency market with the arrival of a new ASIC that may contend straightforwardly with Bitmain’s Antminers.
Booked for launch on Wednesday, 6th June, these units would be the first ever made, using 7 nm transistors, packing as much punch as possible on a compact machine.
In its announcement the company said that,
“Cryptocurrency mining requires high-performance mining machines enabling highly sophisticated and intensive computation. Accordingly, GMO Internet Group has been working on research and development of a cutting-edge 7 nm mining chip since September 2017, and now realized its own high-performance mining machine GMO Miner B2 equipped with 7 nm mining chip,”
GMO Internet Group intends to transport units, early in October 2018.
This is huge, yet it won’t be a Bitmain executioner, as the all the more supreme ASIC producer has officially reported plans to release its own 7-nanometer miner utilizing Taiwan Semiconductor Manufacturing Company’s technology in the current year.
A Bernstein analysis concluded that,
“In the year 2018, Bitmain will likely lead the cryptocurrency ASIC industry and migrate some of its chips to 10nm and the most advanced 7nm. That will make the company one of the top five users of TSMC’s 7nm in 2018, with demand comparable with Qualcomm’s, HiSilicon’s, or AMD’s,”
Before changing the company’s name GMO-Z.com Coin, Inc. to GMO Coin, it additionally began a program through which 4,000 of its workers could have a segment of their pay rates paid in Bitcoin. This occurred amidst December, similarly as Bitcoin was moving to the transcending cost of $20,000, just to shed half of its value toward the start of this current year.
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