Japan: GMO Group Unveils ‘World First’ 7nm Miner As CEO Vows To ‘Top’ Bitmain
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Japan: GMO Group Unveils ‘World First’ 7nm Miner As CEO Vows To ‘Top’ Bitmain

THELOGICALINDIAN - Japanese internet behemothic GMO has appear preorders for its B2 Bitcoin miner the worlds aboriginal miner able with 7nm processing technology

Unveiling the finished product at a conference, GMO’s CEO, Masatoshi Kumagai, promised to “top” competitors with the artefact — which aims to bear added ability in acknowledgment for a college acquirement price.

The move sees GMO vie with bazaar stalwarts Bitmain and Halong Mining Corporation to woo the ever-increasing Bitcoin mining community.

Specifications for the B2 uploaded to Twitter by Bloomberg tech anchorman Yuji Nakamura arise to affirm the artefact beats Bitmain’s S9 in agreement of hash amount but retails at over $1000 more. The B2 comes in at $2024, against $837 for the S9.

Quoting Kumagai,  Nakamura said GMO “respects Bitmain” but “will top them” with its offering.

The B2 release, appointed for June 6, coincides with GMO’s announcement it will barrage a new Bitcoin-based in-game rewards program. Dubbed CryptoChips, the belvedere aims to barrage in August for players of real-time action bold Whimsical War. The rewards affairs will activate with Bitcoin, but added cryptocurrencies may follow. Explained a columnist absolution on May 31:

GMO, meanwhile, is aloof one of a cardinal of Japanese conglomerates aiming to adhesive their attendance in the country’s beginning cryptocurrency scene.

GMO accumulation japan

This anniversary saw financial-services ample SBI Group debut the country’s aboriginal bank-backed cryptocurrency exchange, ambience the accent for a approaching arrival from the brand of Yahoo!, Coinbase and others.

Within the mining industry, 2018 has been apparent by accretion antagonism for Bitmain — which had ahead bedeviled the all-embracing bazaar admitting multiple controversies surrounding its business practices. 

Images address of Twitter/@ynakamura56.