Published on May 16th, 2018 | by bitcoin0
Selling 7nm Bitcoin Mining Chips Japan’s GMO Gets Ready
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.
Japan Confirms Entrance Into the Crypto Space
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.
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.
Sale of 7nm Chips Starting Soon
In its presentation, GMO has revised its mining business plans from the fourth quarter of last year.