GMO the Japanese Internet Giant has big plans ahead. The Internet Giant has decided to manufacture and also sell about 7nm mining chips for the bitcoin. GMO intends to utilize these chips for its individual mining operations as well. The best part is that all those who are interested in these chips can get the chips reserved right away.
At the moment GMO has decided that it will create about two different chip sets. One version is known as V1 and the other version is known as V2. The first version will act as more of a prototype whereas the version V2 will be used for the mass production.
Now, the company plans to use the version V2 of the mining chips for multiple purposes. It plans to use the chips for cloud mining as well. At the moment the company has not quite specified the dates for the sale of the chips.
The truth is that GMO’s mining operation has advanced this year. This operation started way back on December 20th 2017 and there has been no turning back for the company since then. The good news is that the hash rate of GMO is increasing for the better.
The number of bitcoins being mined is also increasing so that is bound to benefit the company and the customers as well. GMO is a versatile internet giant and they are putting their efforts in multiple avenues when it comes to digital currencies. Currently, the company is also operating a crypto exchange that is known by the name of GMO Coin.
What is appreciable here is that GMO does not intend to stop its efforts here. The company is planning to come up with a payment service for cryptocurrencies. At the moment things are in the pipeline but it seems that GMO will soon bring in some positive output.
It seems that GMO is bound to get success in its ventures because the company is putting a fair amount of effort in planning. However, this internet giant needs to remember one important thing and that is they should not allow the quality of their existing services to decline.
They should also ensure that their crypto exchange maintains a smooth operation. This way the customers will not lose trust in the credibility of GMO and will continue to confide in this internet giant for a long time to come. At the moment we can also be hopeful that GMO continues its success tenure.