Title: Japanese company GMO announcing new hardware and mining operation Post by: -ck on September 13, 2017, 11:53:57 AM Some of you may have read the announcement about a Japanese company getting into mining. At this stage they're just announcing their plans and have started posting what they expect from their hardware. The details are in Japanese which fortunately I can read.
https://twitter.com/AkioHoshi/status/907849396779470848 まずマイニング設備から。チップは国内設計、国内製造。モジュール1個で10TH/s。48V直流給電。1システムボードに8モジュール。2ボードで1ブレード。1ラックに8ブレード、1.25PH/s。データセンターは16×35mの床面積で500PH/s。 Beginning with mining hardware. The chip will be developed and manufactured domestically. Each module will be 10TH/s. 48 volts DC. Each system board has 8 modules. Each blade has 2 boards. Each rack takes 8 blades coming to 1.25PH. The Data centre will be 16x35m floor space housing 500PH/S. Of more interest is their hardware description: https://www.gmo.jp/news/article/?id=5775 ハードウェア 計算性能 10TH/s 消費電力 500W以下 投入マイニングチップ:50,000チップから段階的に増強 設備 ラック、冷房、配電、消防、セキュリティ 電力 再生可能エネルギー(地熱、水力) Hardware: Estimated capability: 10TH/S Electricity consumption: <500W Mining chip manufacturing: Stepwise increase to 50,000 chips. Facilities: Racks, cooling, electricity distribution, fire extinguishers, security. Electric power: Renewable energy (geothermal, hydroelectric.) Probably the most interesting aspect is 10TH/s for 500W which would make it class leading efficiency. The website also says they'll be using 7nm technology... Of course we've heard of great claims of efficiency in hardware from newcomers in the past who have failed to deliver on their promises so at this stage it needs to be taken with a grain of salt. 今後の展開(時期未定) Future plans (timeframe to be determined) (1) クラウドマイニング事業 1. Cloud mining operation Explains cloud mining much like any other operation that they'll be selling. (2) 次世代マイニングボードの販売 2. Next generation mining board sales Public sales of their hardware! (3) GMOコイン株式会社への仮想通貨供給 3. Provision of virtual currency to the GMO Coin public company This appears to be them starting a cryptocurrency exchange under a daughter company to their main one. TL;DR This established Japanese company is getting into bitcoin mining hardware and is aiming to make class beating efficiency mining hardware that it will eventually be selling to the public, timeframe unknown... The bitcoin mining world desperately needs something to break the bitmain stranglehold on the global hashrate. Hopefully this is the beginning of something that other companies will do too. This is no new company formed just the mine bitcoin, but then bitmain has been working with mining for a long time now and understands it a lot better than the newcomers. It will be interesting to see if that existing knowhow counts for more than what established companies have to back them. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: Foofighter on September 13, 2017, 12:04:29 PM very interesting thanks for sharing - sounds like this could be a game change but lets wait to see more from them especially if they are able to hold their spec...
Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: NotFuzzyWarm on September 13, 2017, 12:34:34 PM Ah ... this really belongs in Speculation along with the 7nm thread (https://bitcointalk.org/index.php?topic=2153733.0)... If anyone else posted it here it would be moved to there,,,
Considering that the 7nm node requires using EUV and those light sources are just now starting to reach useful powers - not going to happen in their time frame. Remember, AMD and Nvidia both announced Production with a big 'P' of 16nm GPU's in mid-2015 - when did they actually start full production? Early 2016 and that was from a node size using fairly mature lithography process. EUV is a whole 'nother ballgame... Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: -ck on September 13, 2017, 12:57:01 PM Ah ... this really belongs in Speculation along with the 7nm thread (https://bitcointalk.org/index.php?topic=2153733.0)... If anyone else posted it here it would be moved to there,,, It would have been borderline in my eyes too except that this is an announcement from a well established company (been around 20 years) rather than people speculating on who or what might come out with 7nm. I've simply translated what the company has announced.Considering that the 7nm node requires using EUV and those light sources are just now starting to reach useful powers - not going to happen in their time frame. Remember, AMD and Nvidia both announced Production with a big 'P' of 16nm GPU's in mid-2015 - when did they actually start full production? Early 2016 and that was from a node size using fairly mature lithography process. EUV is a whole 'nother ballgame... Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: kano on September 13, 2017, 01:08:21 PM LOL 7nm ... seriously?
Hah - I'm in Japan for 4 more days maybe I need to find the address and rat out the scam :D Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: philipma1957 on September 13, 2017, 01:25:33 PM Some of you may have read the announcement about a Japanese company getting into mining. At this stage they're just announcing their plans and have started posting what they expect from their hardware. The details are in Japanese which fortunately I can read. ... The bitcoin mining world desperately needs something to break the bitmain stranglehold on the global hashrate. Hopefully this is the beginning of something that other companies will do too. This is no new company formed just the mine bitcoin, but then bitmain has been working with mining for a long time now and understands it a lot better than the newcomers. It will be interesting to see if that existing knowhow counts for more than what established companies have to back them. My problem with bitmain is: S-9 R-4 L-3 D-3 Hashnest and now https://bitcointalk.org/index.php?topic=2173763.0 G1/G2 gpu miners I know this is the BTC section or will that become the BCC section due to bitmain. Fuck that is a long list above is it not? As GMO being savior for BTC well maybe. But they built their own coin. https://www.gmo.jp/en/news/article/?id=737 I actually thought Samsung or intel or nvidia or even AMD might be the company. But GMO is interesting: https://www.gmo.jp/en/ GMO Internet Group Stock Quotes GMO Internet TSE 1st Section: 9449 Price ↑ 1,415 Change + 16 2017/09/13 15:23 GMO Payment Gateway TSE 1st Section: 3769 Price ↑ 6,980 Change + 190 2017/09/13 15:23 GMO Cloud TSE 1st Section: 3788 Price ↓ 3,005 Change -45 2017/09/13 15:23 GMO AD Partners JASDAQ: 4784 Price ↓ 451 Change -1 2017/09/13 15:23 GMO Pepabo JASDAQ: 3633 Price ↑ 3,170 Change + 15 2017/09/13 15:23 GMO CLICK Holdings JASDAQ: 7177 Price ↓ 700 Change -4 2017/09/13 15:23 GMO Research TSE Mothers: 3695 Price ↑ 2,321 Change + 8 2017/09/13 15:23 GMO TECH TSE Mothers: 6026 Price → 2,429 Change ± 0 2017/09/13 15:23 GMO Media TSE Mothers: 6180 Price ↓ 2,769 Change -19 2017/09/13 15:23 About this Site Privacy Policy Contact Copyright (c) 2017 GMO Internet, Inc. All Rights Reserved. I think that we all need to realize it is not going to be BTC or BTC and BCC it is going to be a variation of below: 1109 coins https://coinmarketcap.com/ 1 Bitcoin Bitcoin $64,628,589,308 $3902.03 16,562,812 BTC $2,143,960,000 -8.34% sparkline 2 Ethereum Ethereum $25,870,621,384 $273.49 94,595,088 ETH $888,799,000 -9.50% sparkline 3 Bitcoin Cash Bitcoin Cash $8,180,197,412 $493.43 16,578,300 BCH $305,847,000 -6.57% sparkline 4 Ripple Ripple $7,727,204,392 $0.201524 38,343,841,883 XRP * $122,114,000 -7.73% sparkline 5 Litecoin Litecoin $3,236,673,426 $61.17 52,910,682 LTC $511,705,000 -8.36% sparkline 6 Dash Dash $2,247,731,104 $297.52 7,554,967 DASH $33,141,400 -8.83% sparkline 7 NEM NEM $2,014,929,000 $0.223881 8,999,999,999 XEM * $7,693,600 -13.55% sparkline 8 Monero Monero $1,631,851,436 $108.24 15,076,511 XMR $81,449,900 -5.12% sparkline 9 IOTA IOTA $1,406,047,630 $0.505858 2,779,530,283 MIOTA * $27,550,600 -16.83% sparkline 10 Ethereum Classic Ethereum Classic $1,329,206,755 $13.92 95,473,216 ETC $118,441,000 -6.13% sparkline 11 OmiseGO OmiseGO $1,016,349,704 $10.34 98,312,024 OMG * $95,820,700 -16.73% sparkline 12 NEO NEO $949,105,000 $18.98 50,000,000 NEO * $39,925,100 -15.63% sparkline 13 BitConnect BitConnect $778,588,062 $116.50 6,682,987 BCC $6,248,550 -9.35% sparkline 14 Qtum Qtum $754,338,600 $12.79 59,000,000 QTUM * $196,342,000 -13.25% sparkline 15 Lisk Lisk $728,730,701 $6.50 112,185,595 LSK * $22,792,500 -8.17% sparkline 16 Stratis Stratis $479,778,628 $4.87 98,541,453 STRAT * $8,617,620 -14.42% sparkline 17 Tether Tether $415,487,678 $1.00 413,700,492 USDT * $258,355,000 0.28% sparkline 18 Zcash Zcash $413,138,486 $190.03 2,174,081 ZEC $26,972,300 -11.45% sparkline 19 Waves Waves $384,703,000 $3.85 100,000,000 WAVES * $5,648,270 -14.75% sparkline 20 Hshare Hshare $383,483,520 $11.41 33,600,000 HSR * $21,267,500 -10.97% sparkline 21 Ark Ark $321,255,449 $3.29 97,531,308 ARK * $14,456,200 -17.18% sparkline 22 BitShares BitShares $288,690,967 $0.111076 2,599,040,000 BTS * $35,518,400 -11.33% sparkline 23 Bytecoin Bytecoin $275,732,431 $0.001505 183,253,534,612 BCN $3,013,720 -18.68% sparkline 24 Steem Steem $269,139,895 $1.12 241,238,276 STEEM $948,183 -12.19% sparkline 25 Stellar Lumens Stellar Lumens $252,585,048 $0.015228 16,587,100,415 XLM * $3,007,050 -11.57% sparkline 26 EOS EOS $245,795,013 $0.715896 343,338,995 EOS * $14,043,600 -8.84% sparkline 27 TenX TenX $241,746,694 $2.31 104,661,310 PAY * $4,649,910 -15.00% sparkline 28 Augur Augur $229,177,300 $20.83 11,000,000 REP * $3,686,110 -3.48% sparkline 29 MaidSafeCoin MaidSafeCoin $227,073,151 $0.501761 452,552,412 MAID * $2,673,580 -21.54% sparkline 30 Golem Golem $215,453,730 $0.258638 833,032,000 GNT * $2,891,100 -15.86% sparkline 31 Basic Attention Token Basic Attenti... $186,267,000 $0.186267 1,000,000,000 BAT * $2,824,450 -17.84% sparkline 32 Metal Metal $178,230,783 $9.23 19,300,994 MTL * $3,671,770 -18.82% sparkline 33 Nexus Nexus $177,612,481 $3.39 52,379,929 NXS $2,999,440 1.95% sparkline 34 Komodo Komodo $177,099,812 $1.75 100,945,510 KMD $4,251,360 -15.95% sparkline 35 Factom Factom $175,453,856 $20.06 8,745,102 FCT * $2,687,480 -16.09% sparkline 36 Siacoin Siacoin $161,236,801 $0.005492 29,359,447,455 SC $3,233,170 -7.42% sparkline 37 Iconomi Iconomi $155,387,002 $1.56 99,900,350 ICN * $996,733 -15.07% sparkline 38 Veritaseum Veritaseum $154,797,219 $76.97 2,011,134 VERI * $308,598 -14.52% sparkline 39 PIVX PIVX $154,407,001 $2.85 54,260,905 PIVX * $916,959 -15.83% sparkline 40 Byteball Bytes Byteball Bytes $152,290,716 $260.82 583,896 GBYTE * $1,149,290 -14.41% sparkline 41 Dogecoin Dogecoin $151,929,565 $0.001368 111,061,247,059 DOGE $5,727,120 -9.09% sparkline 42 Decred Decred $144,503,882 $25.16 5,743,923 DCR $614,797 -13.99% sparkline 43 DigixDAO DigixDAO $138,740,000 $69.37 2,000,000 DGD * $313,098 -15.38% sparkline 44 Civic Civic $129,181,980 $0.379947 340,000,000 CVC * $3,877,220 -19.64% sparkline 45 DigiByte DigiByte $128,150,948 $0.014659 8,742,253,657 DGB $8,563,450 -18.68% sparkline 46 Gnosis Gnosis $127,999,889 $115.88 1,104,590 GNO * $459,377 -11.45% sparkline 47 Populous Populous $124,616,435 $3.02 41,252,246 PPT * $339,286 -20.23% sparkline 48 Syscoin Syscoin $115,808,283 $0.219554 527,470,613 SYS $13,298,600 -27.57% sparkline 49 Ardor Ardor $114,234,593 $0.114349 998,999,495 ARDR * $1,624,450 -12.97% sparkline 50 0x 0x $113,145,500 $0.226291 500,000,000 ZRX * $3,250,990 -18.81% sparkline 51 Aeternity Aeternity $101,483,212 $0.435512 233,020,472 AE * $1,443,470 -13.15% sparkline 52 BitcoinDark BitcoinDark $100,778,970 $78.19 1,288,862 BTCD $166,800 -20.52% sparkline 53 GameCredits GameCredits $99,239,823 $1.55 64,152,756 GAME $2,209,140 -15.53% sparkline 54 Binance Coin Binance Coin $94,104,700 $0.941047 100,000,000 BNB * $4,321,080 -15.29% sparkline 55 Status Status $87,744,936 $0.025283 3,470,483,788 SNT * $2,212,910 -16.25% sparkline 56 Bancor Bancor $84,850,790 $2.08 40,772,871 BNT * $1,778,860 -12.74% sparkline 57 Lykke Lykke $83,958,395 $0.313367 267,923,538 LKK * $714,355 -4.50% sparkline 58 SingularDTV SingularDTV $83,670,600 $0.139451 600,000,000 SNGLS * $782,744 -14.57% sparkline 59 Verge Verge $81,022,177 $0.006042 13,409,472,280 XVG $5,938,400 -18.10% sparkline 60 FunFair FunFair $79,032,663 $0.020584 3,839,463,249 FUN * $298,172 -14.26% sparkline 61 Gas Gas $78,373,054 $9.37 8,363,423 GAS * $135,609 -13.47% sparkline 62 Blocknet Blocknet $77,217,819 $18.34 4,211,246 BLOCK * $347,850 -7.05% sparkline 63 Nxt Nxt $75,293,726 $0.075369 998,999,942 NXT * $5,608,720 -16.57% sparkline 64 Triggers Triggers $72,632,803 $2.26 32,105,593 TRIG * $29,417,100 8.61% sparkline 65 Monaco Monaco $72,152,976 $7.35 9,814,875 MCO * $2,494,670 -17.98% sparkline 66 GXShares GXShares $65,115,774 $1.61 40,510,000 GXS * $56,428 -14.35% sparkline 67 Edgeless Edgeless $64,077,330 $0.780990 82,046,288 EDG * $6,063,550 -3.66% sparkline 68 Tierion Tierion $61,099,541 $0.144612 422,506,717 TNT * $2,585,620 1.09% sparkline 69 Bitquence Bitquence $61,040,514 $0.857709 71,166,927 BQX * $1,060,170 -13.50% sparkline 70 Ubiq Ubiq $60,913,954 $1.61 37,915,294 UBQ $947,722 -15.39% sparkline 71 Aragon Aragon $59,545,722 $1.80 33,015,659 ANT * $699,919 -7.22% sparkline 72 Particl Particl $58,662,787 $7.62 7,702,268 PART * $283,323 -16.00% sparkline 73 NAV Coin NAV Coin $57,421,783 $0.929722 61,762,315 NAV * $2,320,250 -22.49% sparkline 74 Wings Wings $53,158,736 $0.592573 89,708,333 WINGS * $1,338,210 -21.25% sparkline 75 OKCash OKCash $47,938,824 $0.660740 72,553,235 OK * $17,126,600 -16.78% sparkline 76 FirstCoin FirstCoin $47,808,442 $6.16 7,763,682 FRST $381,475 -8.69% sparkline 77 MobileGo MobileGo $47,755,949 $0.487162 98,028,887 MGO * $372,993 -15.28% sparkline 78 Storj Storj $47,059,897 $0.486057 96,819,708 STORJ * $797,404 -14.27% sparkline 79 Monetha Monetha $45,346,709 $0.211822 214,079,315 MTH * $1,015,290 -21.94% sparkline 80 Elastic Elastic $44,085,822 $0.510402 86,374,704 XEL * $4,837,110 -11.75% sparkline 81 Walton Walton $42,438,944 $1.70 24,898,178 WTC * $8,007,930 -17.11% sparkline 82 Pillar Pillar $41,846,728 $0.074726 560,000,000 PLR * $57,139 -11.67% sparkline 83 Cofound.it Cofound.it $40,816,750 $0.125590 325,000,000 CFI * $312,813 -13.09% sparkline 84 Gulden Gulden $40,481,475 $0.114809 352,598,445 NLG $144,548 -6.90% sparkline 85 iExec RLC iExec RLC $40,316,695 $0.509881 79,070,793 RLC * $730,226 -19.91% sparkline 86 NoLimitCoin NoLimitCoin $39,934,722 $0.196180 203,561,640 NLC2 * $169,215 -14.26% sparkline 87 I/O Coin I/O Coin $38,753,306 $2.37 16,363,965 IOC * $260,854 -4.56% sparkline 88 Aidos Kuneen Aidos Kuneen $38,174,155 $4.29 8,900,500 ADK * $1,405,000 1.59% sparkline 89 Melon Melon $37,927,754 $63.28 599,400 MLN * $888,490 -14.46% sparkline 90 Bytom Bytom $37,881,060 $0.038380 987,000,000 BTM * $153,916 -15.99% sparkline 91 LEOcoin LEOcoin $37,655,171 $0.417972 90,090,176 LEO * $282,647 -5.15% sparkline 92 CloakCoin CloakCoin $36,700,671 $7.20 5,094,676 CLOAK * $896,844 -12.52% sparkline 93 FairCoin FairCoin $33,613,342 $0.631903 53,193,831 FAIR * $122,284 1.25% sparkline 94 Peercoin Peercoin $33,268,534 $1.37 24,326,573 PPC $450,230 -9.69% sparkline 95 Rise Rise $32,794,529 $0.289860 113,139,200 RISE * $2,690,740 -17.75% sparkline 96 Emercoin Emercoin $32,624,000 $0.801220 40,717,906 EMC $855,967 0.66% sparkline 97 Loopring Loopring $32,417,313 $0.046474 697,538,027 LRC * $223,216 -9.83% sparkline 98 DECENT DECENT $31,596,906 $0.615851 51,306,089 DCT * $603,817 -14.32% sparkline 99 AdEx AdEx $31,349,007 $0.588672 53,253,776 ADX * $2,785,540 -19.35% sparkline 100 FirstBlood FirstBlood $31,097,216 $0.363462 85,558,371 1ST * $3,813,470 -15.12% sparkline Next 100 → View All https://coinmarketcap.com/ Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: kano on September 13, 2017, 01:49:02 PM LOL 7nm ... seriously? Meh, I should have made it more clear in my first reply.Hah - I'm in Japan for 4 more days maybe I need to find the address and rat out the scam :D It's not even Speculation, it's a scam. It doesn't belong here at all. Find me a company who has a few hundred million to do 16nm development ... Not some company doing an old outdated scam of saying that can produce something they can't produce to make it sound faster than any company before it :P Just coz they're in Japan doesn't mean they're not stupid or scamming. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: philipma1957 on September 13, 2017, 02:46:30 PM LOL 7nm ... seriously? Meh, I should have made it more clear in my first reply.Hah - I'm in Japan for 4 more days maybe I need to find the address and rat out the scam :D It's not even Speculation, it's a scam. It doesn't belong here at all. Find me a company who has a few hundred million to do 16nm development ... Not some company doing an old outdated scam of saying that can produce something they can't produce to make it sound faster than any company before it :P Just coz they're in Japan doesn't mean they're not stupid or scamming. yeah but to you 1108 coins on the list above are a scam and 1 is real . While I admire your dedication to BTC and not the other 1108 coins it is not realistic to think that every coin but BTC is a scam. We both know GMO is not going to have a working miner of 10th at 500 watts this year. What we don't know is will they have one well ahead of everyone else. Do i think if they build this .05 watt miner it would be out in spring of 2018 and no one matches it for a year or more? No I don't think so. But do I think they are a scam maybe but most likely they are just talking for now. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: sidehack on September 13, 2017, 03:27:31 PM Just throwing this out there, but Bitfury 16nm can run down around 0.07J/GH if you really want them to.
It's not going to take 7nm miracle process to hit that kind of efficiency. I would like to see more competition outside China, and I respect Japanese engineering, but they are definitely overly optimistic. Regarding those 1109 coins, Phil - I wouldn't say 1108 are scams but it's probably pretty close. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: philipma1957 on September 13, 2017, 05:06:56 PM Just throwing this out there, but Bitfury 16nm can run down around 0.07J/GH if you really want them to. It's not going to take 7nm miracle process to hit that kind of efficiency. I would like to see more competition outside China, and I respect Japanese engineering, but they are definitely overly optimistic. Regarding those 1109 coins, Phil - I wouldn't say 1108 are scams but it's probably pretty close. Agreed many many many of them are scams. Not all of them. If you look at crypto coins for what they are you can see a need for more then one. Multiple al-gore-rythyms are important and some degree of multiple redundancy in the shape of multiple coins for each al-gore-rythym is important. Calling GMO a scam is not what I would say. And they already launched another coin to be used in aiding coin trades. I have one thing in agreement with kano too many coins can dilute and hurt any one coin. So I would like to see coins shrink to well under the 1109 amount we have at the moment. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: leowonderful on September 13, 2017, 06:32:26 PM Considering how much money Bitmain has and the extensive R&D they do already, I also find it unlikely they can bring these kinds of efficiency rates. Perhaps they can, but with 7nm largely unknown and all and diminishing returns on efficiency the hopes get lower. Maybe they can get it to there but they'd need to undervolt and underclock chips possibly to do so. GMO likely isn't a scam, but if you think underperforming is a complete scam then it is for you.
Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: freebutcaged on September 13, 2017, 06:53:32 PM You might think without Satoshi there would've been no Bitcoin or without a president a government could not function, you are wrong. with or without
Bitmain there is always someone to do even worse than Wu, if Hitler was never born we would've had the millions burned and killed in a different type Of war. what Bitmain is doing is the exact same thing anyone in their position would've done. only actions matter not words on the paper or on the screen. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: kano on September 13, 2017, 11:04:45 PM Along the same lines as I said before ...
There's really only 2 companies outside Bitcoin that work in the same area as Bitcoin miners - nVidia and AMD (GPU) Even Intel don't produce chips in the league of Bitcoin. It's a high power, many hundreds or thousands of 'threads'/cores of operation, brute-force, CPU bound process. Now to put some relevant points on the table: Why are there no 7nm GPUs yet? For all we know, it may not be possible to do a massive core, high power, bitcoin 7nm ASIC with the current production methods. Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm. Basically, if some company who has no experience with GPUs or Bitcoin, comes out making claims about producing a 7nm Bitcoin ASIC, it's either a marketing ploy with no expected miners, or worse, you can expect failure if they haven't got someone from nVida, AMD, Bitmain or Canaan (or Bitfury? :P) in there working with them. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: Philopolymath on September 14, 2017, 02:55:45 AM OMG...GMO's
Fucking Monsanto is behind this... I just know it SAY NO to GMO miners Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: Steamtyme on September 14, 2017, 03:32:31 AM OMG...GMO's Fucking Monsanto is behind this... I just know it SAY NO to GMO miners I love it, I was thinking Monsanto the whole thread. lol Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: NiHaoMike on September 14, 2017, 05:45:41 AM The name is unfortunate is it turns out to be a legitimate product, or well fitting if it turns out to be a scam.
Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: Tomintx on September 16, 2017, 04:45:24 AM ... Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm. ... 7nm is an order of magnitude harder than anything that came before. If you're not seeing nVidia or AMD producing or even announcing parts at this node, then you're not going to see real parts coming from a random bitcoin company any time soon. nVidia and AMD have $billions to invest. 7nm parts will come, but not soon. 7nm bitcoin mining chips will only be used to backfill fab capacity if they don't have other production to run. Every new technology node is massively more difficult than the preceding one. Transition to 7nm changes all sorts of things. It's going to take literally $billions to get this tech up and running. No one's going to waste wafers on bitcoin chips, unless for fab testing because it's actually a very simple design. Maybe this is what they're hoping for? I just don't see it happening. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: rockie2000 on September 16, 2017, 11:57:18 AM This seems to be very interesting but we should watch out for:
- History of the company, is there any product delivered on time before? - Production schedule and reliability of the dates? - Any actual images/videos of the factory, the hardware in action? Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: NotFuzzyWarm on October 18, 2017, 04:12:47 PM How to buy chips or boards from GMO? God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread (https://bitcointalk.org/index.php?topic=2153733.0) Or for that matter, perhaps read the 1 page of posts in this one ::)Does anyone have contacts with the company that produces the chips within the GMO consortium? NO ONE - not even Intel or IBM - can produce 7nm chips at this time outside of their labs and most projections from them put it in late 2018 AT BEST. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: aquapanic on October 18, 2017, 05:35:51 PM How to buy chips or boards from GMO? God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread (https://bitcointalk.org/index.php?topic=2153733.0) Or for that matter, perhaps read the 1 page of posts in this one ::)Does anyone have contacts with the company that produces the chips within the GMO consortium? NO ONE - not even Intel or IBM - can produce 7nm chips at this time and most projections from them put it in late 2018 AT BEST. Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: xFGND on October 18, 2017, 06:48:43 PM Do we know when the timeline will be released? This looks really promising if I can get my hands on it.
Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: leowonderful on October 18, 2017, 07:50:06 PM Do we know when the timeline will be released? This looks really promising if I can get my hands on it. There hasn't been any and with no real consumer 7nm chips even out for desktop and laptop processors, I'd stick with NotFuzzyWarm's estimate of late 2018 at best. Sales also haven't been announced yet at all, seems reasonable as the tech isn't even there for any real 7nm production yet.Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: br1mcoin on October 30, 2017, 05:00:29 AM Do we know when the timeline will be released? This looks really promising if I can get my hands on it. Not so fast. GMO said that they will launch a lower hashrate miner , then a miner board (which seems that plug able in desktop) However, all those projects need money, hence the route for an ICO in Q1 2018 Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: NotFuzzyWarm on October 31, 2017, 02:29:08 AM Quote However, all those projects need money, hence the route for an ICO in Q1 2018 Not to mention that as in the case of most ICO's it gives the Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: aquapanic on November 22, 2017, 05:39:08 PM Quote However, all those projects need money, hence the route for an ICO in Q1 2018 Not to mention that as in the case of most ICO's it gives the Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: Andre_Goldman on December 15, 2017, 03:52:06 AM How to buy chips or boards from GMO? God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread (https://bitcointalk.org/index.php?topic=2153733.0) Or for that matter, perhaps read the 1 page of posts in this one ::)Does anyone have contacts with the company that produces the chips within the GMO consortium? NO ONE - not even Intel or IBM - can produce 7nm chips at this time and most projections from them put it in late 2018 AT BEST. indeed ... only those esoteric academic chips , I can name one or two Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: ConnerM on December 18, 2017, 06:20:05 AM Wow, this is the best news i heard today because i went to bitmain.com several times trying to by S9 miners but they are out-of-stock. looking forward to this company for their wonderful miners that they are planning to build for us. may be i should start planning travelling to Japan for these miners :) Don't start making those travel plans yet. Everything GMO is talking about regarding mining buries the needle on the bullshit meter. :o Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: VirosaGITS on December 18, 2017, 06:32:06 AM I'd love to see some fine Japanese engineered ASICs, their standards are much higher. I'll wait and see, with a healthy dose of skepticism and refrain from any hype.
How to buy chips or boards from GMO? Does anyone have contacts with the company that produces the chips within the GMO consortium? Did you even read the long post you unnecessarily quoted in full? :P Its a company announcing (or optimistically stipulating) that they will/want to make this, next year. :P Title: Re: Japanese company GMO announcing new hardware and mining operation Post by: keyzersoze on December 19, 2017, 12:03:48 AM Just stfu and take my money :)
Remember the Avalon, bel and knc miner days. Aaaaah, the fond memories, hahah. |