More details on the Japanese Internet Giant GMO’s plans to enter the Bitcoin mining market have been released. The company has revealed the hardware and performance specifications for its upcoming 7nm process ASIC mining chips which feature very low power consumption requirements. GMO also divulged its plans to produce and sell PC-ready ASIC mining cards to consumers.
The company initially announced that the data center will be in Northern Europe. At the press conference on Wednesday, the chairman of GMO Internet and group president Masatoshi Kumagai further revealed that it will be in Scandinavia. The center will be installed in December this year to start testing and operating using existing semiconductor chips, Techwave reported. The area offers clean and cheap electricity, GMO noted.
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http://telegra.ph/GMO-to-Invest-10-Billion-Yen-in-Its-Own-7nm-5nm-and-35nm-Dedicated-Bitcoin-Chips-09-15
