Japanese Internet giant GMO is about to officially release its self-designed mining machine

Japanese internet giant GMO is set to launch its own Bitcoin mining rig soon. The company announced on Thursday:

“GMO Internet Group will launch the GMO B2 mining machine, our company’s own high-performance mining machine, on June 6, 2018, and will mass-produce the world’s first mining machine with advanced 7nm process semiconductor chips (GMO 72b) and will ship it by the end of October 2018.”

The company has been working on the development of 7nm mining chips since September last year, and GMO has been using "off-the-shelf mining equipment" since December. Now it is ready to start producing its own mining equipment and will provide it to other potential customers who plan to mine.

Although GMO has not yet revealed specific images of the device, it has provided some design drawings of the GMO B2 mining machine under development.

“An information meeting for potential customers considering purchasing the GMO B2 miner will be held on June 6 at Shibuya, Tokyo, to provide details on the GMO B2 miner, including its price and performance,” the company’s statement said.

In addition, there will be a session on the company's cloud computing services on the same day, and registration has been opened to interested customers and institutions. Customers who have not registered in advance will be denied entry.

It is worth noting that a representative of GMO Group said that the company does not plan to raise funds for the sale of its 7nm mining machines and cloud mining through ICO.

This article is translated from news.bitcoin.com