Japan’s Triple-1 is Working on 7nm Bitcoin Mining Chip Despite GMO Internet Competitor

GMO Internet has been the main company working on the development of particular mining equipment in Japan for a while now. However, Triple-1 decided to work on a similar project, but with the use of 7nm bitcoin mining chips. Their project is due for completion soon and will be shipped out to the first round of buyers in November, which directly coincides with GMO’s shipping of their 7nm miners.

Triple-1, also known as Triple-1 Co. Ltd. was founded in November 2016, and specifically works on the developing of ASIC chips, along with the construction of mining farms for cryptocurrency. Their interest in bitcoin mining chips started in February 2017, and they just completed their chips this week. The project is being called “the silicon wafer, the sample-chip, the sample-board and the prototype-unit of the mining [7nm] ASIC chip ‘Kamikaze.’”

An unnamed representative of Triple-1 spoke with news.Bitcoin.com about the development, saying, “We have been conducting a verification of the function as well as the efficiency on the sample-chip and prototype unit.” Right now, the chip has 0.05W/GH of power and uses 50% less power than a standard 16nm chip. It is the same size, but with 5.2 more circuit density to promote better performance.

The president and CEO of Triple-1, Takuya Yamaguchi, said, “Although mining capacity is more than four times that of conventional products, power consumption is expected to be halved at maximum.”

Based on the way that Triple-1 has been meeting their deadlines thus far, it seems that the sample version of these chips will be available in September. With such a mass production of chips, it should only take two months after that to launch the full product. According to Yamaguchi, “We plan to ship samples in August and mass-produced items from October and aim for 10 million chips per month in FY 2019.”

GMO Internet has still remained strong, since they announced in June that their mining rigs and chips would be available. Both of their miners, B2 and B3, are planned for shipping at the end of October. In another new development, Forside has decided to develop their own brand of 7nm mining rigs.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide