Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

[mskumar]

Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips.
GMO Readies 7nm Mining Chips
Japanese conglomerate GMO Internet Group published its first quarter results for the fiscal year 2018 last week. During the earnings results presentation, the company outlined its plans for the sale of its long-awaited 7nm bitcoin mining chips.GMO is building two versions of the chip, dubbed V1 and V2. The former is the initial prototype of the 7nm mining chip. The latter is for mass production of the 7nm mining chips, which the company plans to use in-house for its own mining operations, sell to the public, and use in cloud mining.

V2 is now being designed and will enter the mass production phase in the fourth quarter of this year.
SOURCE:https://news.bitcoin.com/japans-gmo-start-selling-7nm-bitcoin-mining-chips/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications