Posts Tagged ‘GMO Internet Group

The Japanese GMO Internet Group has been venturing into the crypto business with ASIC mining, but now they are apparently also wanting to get into the GPU mining as well will the release of Cryptknocker software miner. A closed source Equihash 200,9 Nvidia GPU miner claiming to be the fastest in terms of hashrate that can be used for mining ZCash (ZEC) or other crypto currencies using the “original” Equihash mining algorithm. Similar to other closed source mining solutions GMO is charging a developer fee for their software from everyone that uses it, the dev fee is 2%, the same amount that the miner apparently manages to be faster compared to other alternatives. The Cryptknocker by GMO miner is available for both Linux and Windows operating systems.

Everything may sound Ok until you realize that the Cryptknocker miner only supports Equihash 200,9 mining on Nvidia GPUs and that particular parameter set is already in the domain of ASIC miners such as the Antminer Z9 or A9 Master. So why release a closed source GPU miner now and with a developer fee built in for an algorithm that is already being mined by specialized mining hardware with a much faster speed than what a GPU can do. Maybe GMO has plans to extend the supported Equihash parameter set with other variations that are still ASIC resistant in the future, but if they don’t, then this piece of software is really pointless and maybe just a PR stunt.

For more about the Cryptknocker Equihash 200,9 Nvidia mining software by GMO (Japanese language only)…

While still in pre-order stage the first 7nm ASIC miner for Bitcoin (SHA256) – the 24 THS GMO B2 miner has been sold out. The Japanese company behind the project however is apparently ready with a successor – the GMO miner B3 that will be offering variable hashrate of 24-33 THS with 1950-3417 Watts of power usage respectively at the same price of 1999 USD. The new miners will come with 180 days of warranty and the price includes a 4 kW power supply as well. GMO is already taking pre-orders for the new B3 miners and you can pay using Bitcoin, Bitcoin Cash or USD with shipping expected to start in November 2018.

The new GMO B3 ASIc miners come with the same base specifications, but there is an extra that allows the device to either automatically adjust performance or the user to optimize it so that it can reach up to 33 THS hashrate with reduced power efficiency. This feature is interesting as it will allow miners to increase performance at times when there is higher profit to be made and to reduce it when the profit is not that good. The extra performance at the same price as that of the original B2 miners does seem like an interesting upgrade, especially considering that you get an adequate power supply also included in the price.

If you are interested in learning more details about the upcoming GMO B3 ASIC miners…

The Japanese company GMO Internet Group that has announced plans to get into crypto currency miners a couple of months ago is apparently getting ready to start producing the first 7nm Bitcoin ASIC mining chips (GMO 72b). The chips will be used in the upcoming GMO Miner B2 that the company promises to be able to deliver 24 THS hashrate with about 1950W of power usage and to cost $1999 USD when they start shipping it by the end of October this year. Hopefully this will push other ASIC manufacturers to work a bit more on power efficiency and performance of their BTC ASIC mining hardware in order to be able to remain competitive.

For more details about the upcoming GMO Miner B2 visit the official website…


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