Major web know-how producer and up to date entrant into digital foreign money mining hardware business, GMO Internet Inc, has introduced it has efficiently developed a 12 nanometer (NM) Fin FET Compact (FFC) semiconductor chip for its next-generation of cryptocurrency miners. The firm has described the innovation as a big step “towards realizing a […] 7 NM process technology for mining chips.”
GMO Develops 12 Nanometer SHA256 Mining Chips
GMO Internet Inc. has introduced the profitable development of “a new 12 NM FCC process based mining chip” throughout “the first step of […] research and development.”
The firm has hailed the event of its 12 NM FFC mining chip as a big step towards “realizing their next-generation […] high-performance computer for mining.” GMO emphasised that the event of the 12 NM chip as has occurred “prior to the development of a 7 NM process technology” – stating that such includes a “cutting-edge” innovation in “ASIC mining hardware.”
GMO said that it “will now proceed to the next of the development to realize a 7 NM process technology for chips to be used in the mining,” including that it “will not sell mining boards equipped with 12 NM FFC process based mining chips.”
GMO Internet Reinforces Prominence Within Mining Hardware Industry
GMO Internet Inc, a Tokyo-headquartered entity comprising greater than 60 particular person corporations domiciled in 10 totally different nations, first introduced its entry within the cryptocurrency mining business throughout September of final yr.
The firm expressed its want to help the mining infrastructure of digital currencies, describing the cryptocurrency sphere as comprising the “new universal currencies.” The firm presently operates a mining middle powered by renewable power situated in Northern Europe, and is in search of to develop and introduce “the next-generation of mining boards equipped with 12 NM chips in the first half of 2018.”
The announcement relating to the event of GMO’s 12 NM chips got here on the identical day that the corporate revealed that it has begun “offering [the] official version of [the] ‘Z.com Cloud Blockchain’.” The firm describes the brand new chain as a “PaaS type blockchain platform” that permits customers to “build distributed applications” on the blockchain “using Ethereum.” The venture had beforehand been in beta since 2016.
What is your response to GMO’s improvement of a 12 NM mining chip? Share your ideas within the feedback part under!
Images courtesy of Shutterstock, GMO Internet Inc.
Want to create your personal safe chilly storage paper pockets? Check our tools part.