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Japan's GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs - On Sale Tomorrow

Japan’s GMO Internet has unveiled the price and specs of the GMO miner B2 equipped with 7nm ASIC mining chips. The mining capacity is 24 TH/s and the price of the machines will be adjusted monthly according to demand. Using GMO’s mining rigs, the power consumption can be reduced up to 20% and the cost of network equipment can be reduced to 1/55, local media report from Tuesday’s press conference.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

GMO Miner B2 Specs

Japanese internet giant GMO announced the details of its bitcoin mining rigs called “GMO miner B2” in a press conference on Tuesday, June 5, ahead of the actual launch that is scheduled for the morning of the following day, June 6.

Japan's GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs - On Sale Tomorrow

Nikkei reported:

The GMO miner B2 features a semiconductor chip ‘GMO 72b’ dedicated to mining that adopts the in-house developed 7-nanometer process technology. The hash rate indicating the computing capacity of mining is 24 TH/s, and can calculate hash 24 trillion times per second.

Japan's GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs - On Sale TomorrowBitmain Antminer S9

For comparison, the popular Bitmain Antminer S9’s hashrate is 14TH/s. According to Bloomberg, the GMO chips are designed in Japan and produced in Taiwan.

Masatoshi Kumagai, Chairman and Director of GMO Internet and the GMO Group representative, described the advantages of his company’s mining equipment over other products.

“The performance per unit is higher than that of major competitors’ products,” he was quoted by the news outlet. “If we switch from over 20,000 mining machines operating in Northern Europe to GMO miner B2, the installation space will be about half in terms of equivalent performance.”

Power Consumption

“Compared to general mining machines…the power consumption is up to 20%, the cost of network equipment etc.

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