$1,999: GMO Reveals Details of Its New 7nm Bitcoin Miner

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Japanese IT giant GMO Internet has revealed specs and prices for its brand new from the ground-up bitcoin miners – the world’s first according to a 7nm chip. At a media conference, the business said Tuesday that his ASIC 7nm which will power the new B2 miner is designed in Japan, but fabricated in Taiwan. The coming of the 7-nm chip is remarkable as it ushers in more hashing power for bitcoin miners, while at the same time reducing power consumption, an essential aspect for miners in seeking yield on their investment. Based on a Bloomberg reporter that tweeted from the event, the B2 will provide a hash rate of 24TH/s, with power consumption at 1, 950W per unit – which breaks down in 81W per 1 TH/s.

In comparison, the current market leader – Bitmain’s Antminer S9 – provides 14TH/s in a power consumption of around 1, 300W. The B2 can provide market leading power, if GMO’s figures prove to be true, but it’ll come at a cost – $1, 999 to be accurate. That is compared with $837 for the Antminer S9. As if there is a doubt that GMO plans to knock Bitmain with his base, the company’s Chief executive officer Masatoshi Kumagai reportedly statedI respect Bitmain, but we’ll top them. As reported by CoinDesk, the B2 was shown on May 24, with GMP saying pre orders will begin on June 6 and shipments to follow in October.

The launch comes following several months long testing period, as the company initially revealed it was researching and developing the brand new mining chip in September 2017. GMO B2 miner picture via Yuji Nakamura/Twitter. The leader in blockchain information, CoinDesk is a media outlet that strives for the greatest journalistic standards and complies with a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Bitmain’s Antminer S9
GMO B2 miner
strict set of editorial policies

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