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Topic: GMO miner B2: 7NM mining within reach? - page 6. (Read 2767 times)

full member
Activity: 402
Merit: 116
June 05, 2018, 09:57:33 AM
#14
Here's also a tweet detailing a few things about the GMO miner I found on r/Bitcoin a couple minutes ago. 24TH/1950W so about 80W/TH, but the miner costs $1999 and ships by the end of October, though sales start in June. I'd still personally take the S9i at its reduced price for a much lower $/TH cost sacrificing just a bit of efficiency, but nice to see that GMO has something working out the board that beats Bitmain for now.

And that is why Bitmain lowered the price and gave out all those coupons.

They’re trying to snuff the little GMO before it gets a grip in this industry. An S9i actually costs around ~350$ to produce enmass. With the coupons we’re pretty much getting them on par with production. Why is Bitmain being so generous? They’re not, anyone buying Bitmain now thinking is a good deal is another lost customer to GMO.   Classic monopoly tactics
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
June 05, 2018, 09:22:40 AM
#13
Here's also a tweet detailing a few things about the GMO miner I found on r/Bitcoin a couple minutes ago. 24TH/1950W so about 80W/TH, but the miner costs $1999 and ships by the end of October, though sales start in June. I'd still personally take the S9i at its reduced price for a much lower $/TH cost sacrificing just a bit of efficiency, but nice to see that GMO has something working out the board that beats Bitmain for now.
member
Activity: 71
Merit: 17
June 05, 2018, 08:43:20 AM
#12
Somes specs on the site

https://gmominer.z.com/en/


They saying 24 ths
full member
Activity: 265
Merit: 232
So I guess this means they've scrapped the PCIe cards that were going to do 8 TH/s @ 300W? Didn't seem legit.
legendary
Activity: 2128
Merit: 1065
I just highly doubt any company that is getting it's major funding via ICO token sales and pre-orders can pull this off or be trusted.

On the Intel Foundry services bit - that was new to me. I get a lot of feeds from Intel (mostly about their FPGA's) plus several electronic design feeds - never saw mention of it.
Well, I don't know about the vagaries of Intel's marketing. I'm somewhat more interested in how the rumor mills work on this forum or in somewhat broader cryptocurrency news/rumor mills. Nowadays whatever QuintLeo says, I'm immediately thinking that opposite is true. And you have started to repeat a lot of his proclamations.

Thanks for clarification.
full member
Activity: 402
Merit: 116
I hope it's coming, we need more energy efficient mining equipment like yesterday.

To which I say:  It really doesn't matter so long as everyone is playing on a level field.  If someone comes up with a 100TH machine that runs a 1000W (~10X todays performance) at the same price point as todays solutions, the world will simply convert to that technology and difficulty will rise 10X.  Power consumption would remain the same.  All of todays tech would simply become land-fill.

The only benefit would be to the first adopters (who will likely pay a capital premium), and that disappears once everyone is using the tech.

The the primary two constraints are Power availability and resulting Heat generation, I highly suspect packaging would be developed that mimics todays machines - drawing around 1400 watts and simply providing 10X the hashrate.    Personnally, I would be swapping those in one-for-one for my existing gear - no energy savings at all in terms of actual usage.

thats pretty much all of us. Mining has always been a time game
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
I hope it's coming, we need more energy efficient mining equipment like yesterday.

To which I say:  It really doesn't matter so long as everyone is playing on a level field.  If someone comes up with a 100TH machine that runs a 1000W (~10X todays performance) at the same price point as todays solutions, the world will simply convert to that technology and difficulty will rise 10X.  Power consumption would remain the same.  All of todays tech would simply become land-fill.

The only benefit would be to the first adopters (who will likely pay a capital premium), and that disappears once everyone is using the tech.

The the primary two constraints are Power availability and resulting Heat generation, I highly suspect packaging would be developed that mimics todays machines - drawing around 1400 watts and simply providing 10X the hashrate.    Personnally, I would be swapping those in one-for-one for my existing gear - no energy savings at all in terms of actual usage.
newbie
Activity: 182
Merit: 0
2 things, first the gmo mining contracts start at 500k, and it is contracts, you're not buying the miners. Theyre like the shipping containers for hut 8.
2nd, there has been some promising work with germanium, we may see 7nm chips sooner than we think. I agree q3 seems a bit optimistic, but maybe q1 or q2 2019.
I hope it's coming, we need more energy efficient mining equipment like yesterday.
legendary
Activity: 3612
Merit: 2506
Evil beware: We have waffles!
Riiiight... And what Foundry will they be using? None are anywhere near even limited production status @ 7nm. Yes Samsung and GF are doing "tape out' for engineering testing of the layouts but that has little to do with being anywhere close to a viable production status.
...
It would seem that Bitcoin mining IC is near perfect test product for a new process: it is repetitive, it tolerates bad yield, it is free of actual trade secrets or intellectual property in its circuitry. It would be beneficial for both foundry and designers to cooperate and profitably sell the wafers fabricated during process bring-up.

GMO being Japanese could have an additional benefit of really being able to sign binding non-disclosure agreements, unlike the mainland Chinese.

I would love to hear from somebody who has current experience. Mine is really dated, but even a very small fab-less company had been trusted with internal fabrication process metrics provided that they made actual technological and legal effort to protect the trade secrets of the fab.
I agree on those points and have in the past said the very same thing about mining chips being a perfect process test platform for the very same reasons you gave. That is probably why Samsung has been eager to make chips for miners from eBang, Innosilicon/Halong Mining, etc. - great way to work out the kinks in their 10nm node.

 Yes the Foundries are doing tests/'tape out' at 7nm. In their IPO document Canaan p.94 mentioned having actual design layout samples of 7nm chips finished by TSMC last month and made mention about possibly having a mass-produced 7nm miner chip by the end of the year. My feeling is that they are assuming that the few remaining issues with EUV are sufficiently addressed by then to keep mask costs far lower.

I just highly doubt any company that is getting it's major funding via ICO token sales and pre-orders can pull this off or be trusted.

On the Intel Foundry services bit - that was new to me. I get a lot of feeds from Intel (mostly about their FPGA's) plus several electronic design feeds - never saw mention of it.
legendary
Activity: 2128
Merit: 1065
Riiiight... And what Foundry will they be using? None are anywhere near even limited production status @ 7nm. Yes Samsung and GF are doing "tape out' for engineering testing of the layouts but that has little to do with being anywhere close to a viable production status.
Do you know this from some source at the foundries or do you just repeat somebody's baseless speculation? Edit: Wasn't that QuintLeo who convinced you that Intel isn't offering foundry services? End edit.

It would seem that Bitcoin mining IC is near perfect test product for a new process: it is repetitive, it tolerates bad yield, it is free of actual trade secrets or intellectual property in its circuitry. It would be beneficial for both foundry and designers to cooperate and profitably sell the wafers fabricated during process bring-up.

GMO being Japanese could have an additional benefit of really being able to sign binding non-disclosure agreements, unlike the mainland Chinese.

I would love to hear from somebody who has current experience. Mine is really dated, but even a very small fab-less company had been trusted with internal fabrication process metrics provided that they made actual technological and legal effort to protect the trade secrets of the fab.
full member
Activity: 402
Merit: 116
Let's see, the 10nm node miners are *just* becoming viable and yet GMO is saying they will begin delivering 7nm products at the end of Q3? Riiiight... And what Foundry will they be using? None are anywhere near even limited production status @ 7nm. Yes Samsung and GF are doing "tape out' for engineering testing of the layouts but that has little to do with being anywhere close to a viable production status.

We'll see in two weeks my man, who's goin to Japan?
legendary
Activity: 3612
Merit: 2506
Evil beware: We have waffles!
Let's see, the 10nm node miners are *just* becoming viable and yet GMO is saying they will begin delivering 7nm products at the end of Q3? Riiiight... And what Foundry will they be using? None are anywhere near even limited production status @ 7nm. Yes Samsung and GF are doing "tape out' for engineering testing of the layouts but that has little to do with being anywhere close to a viable production status.
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
Guess we will learn more in 2 weeks, but so far, we will have to wait until at least October - 5 months, before anyone will see a unit.  That is a lifetime in the Bitcoin world.
full member
Activity: 402
Merit: 116
Hey guys, I feel like sharing this today just because many of us (me included) are very skeptical of "7nm" mining chips

Well, Wait no more I suppose!

https://www.gmo.jp/en/news/article/?id=777
https://www.nasdaq.com/press-release/gmo-internet-group-offers-gmo-miner-the-worlds-first-mining-machine-equipped-with-mining-chips-20180523-00326

Apparently GMO really did invent 7NM mining even before Bitmain!
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