Tag: gmo

A New Bitcoin World

A Look at Some of the ‘Next Generation’ Mining Rigs Available Today

A Look at Some of the 'Next Generation' Mining Rigs Available TodayOver the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]

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January 12, 2019 0

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This DecemberThere has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This Silk […]

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December 10, 2018 0

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans

Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]

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October 22, 2017 0

GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips

GMO Releases Details of 7nm ASIC Chips and Bitcoin Mining FarmMore 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 […]

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September 14, 2017 0

Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips

Japan's Internet Giant GMO Launching Bitcoin Mining Empire with 7nm ChipsJapan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]

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September 8, 2017 0