Remember the Avalon, bel and knc miner days.
Aaaaah, the fond memories, hahah.
Topic: Japanese company GMO announcing new hardware and mining operation (Read 2997 times)
December 18, 2017, 07:03:48 PM
Just stfu and take my money
Remember the Avalon, bel and knc miner days.
Aaaaah, the fond memories, hahah.
Remember the Avalon, bel and knc miner days.
Aaaaah, the fond memories, hahah.
December 18, 2017, 01:32:06 AM
I'd love to see some fine Japanese engineered ASICs, their standards are much higher. I'll wait and see, with a healthy dose of skepticism and refrain from any hype.
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
Did you even read the long post you unnecessarily quoted in full?
Its a company announcing (or optimistically stipulating) that they will/want to make this, next year.
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
Did you even read the long post you unnecessarily quoted in full?
Its a company announcing (or optimistically stipulating) that they will/want to make this, next year. December 18, 2017, 01:20:05 AM
Wow, this is the best news i heard today because i went to bitmain.com several times trying to by S9 miners but they are out-of-stock. looking forward to this company for their wonderful miners that they are planning to build for us. may be i should start planning travelling to Japan for these miners
Don't start making those travel plans yet. Everything GMO is talking about regarding mining buries the needle on the bullshit meter.
December 14, 2017, 10:52:06 PM
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread Or for that matter, perhaps read the 1 page of posts in this one Does anyone have contacts with the company that produces the chips within the GMO consortium?
NO ONE - not even Intel or IBM - can produce 7nm chips at this time and most projections from them put it in late 2018 AT BEST.
indeed ... only those esoteric academic chips , I can name one or two
November 22, 2017, 12:39:08 PM
Quote
However, all those projects need money, hence the route for an ICO in Q1 2018
Not to mention that as in the case of most ICO's it gives the 
October 30, 2017, 09:29:08 PM
Quote
However, all those projects need money, hence the route for an ICO in Q1 2018
Not to mention that as in the case of most ICO's it gives the October 30, 2017, 12:00:29 AM
Do we know when the timeline will be released? This looks really promising if I can get my hands on it.
Not so fast.
GMO said that they will launch a lower hashrate miner , then a miner board (which seems that plug able in desktop)
However, all those projects need money, hence the route for an ICO in Q1 2018
October 18, 2017, 02:50:06 PM
Do we know when the timeline will be released? This looks really promising if I can get my hands on it.
There hasn't been any and with no real consumer 7nm chips even out for desktop and laptop processors, I'd stick with NotFuzzyWarm's estimate of late 2018 at best. Sales also haven't been announced yet at all, seems reasonable as the tech isn't even there for any real 7nm production yet. October 18, 2017, 01:48:43 PM
Do we know when the timeline will be released? This looks really promising if I can get my hands on it.
October 18, 2017, 12:35:51 PM
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread Or for that matter, perhaps read the 1 page of posts in this one Does anyone have contacts with the company that produces the chips within the GMO consortium?
NO ONE - not even Intel or IBM - can produce 7nm chips at this time and most projections from them put it in late 2018 AT BEST.
October 18, 2017, 11:12:47 AM
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread Or for that matter, perhaps read the 1 page of posts in this one Does anyone have contacts with the company that produces the chips within the GMO consortium?
NO ONE - not even Intel or IBM - can produce 7nm chips at this time outside of their labs and most projections from them put it in late 2018 AT BEST.
September 16, 2017, 06:57:18 AM
This seems to be very interesting but we should watch out for:
- History of the company, is there any product delivered on time before?
- Production schedule and reliability of the dates?
- Any actual images/videos of the factory, the hardware in action?
- History of the company, is there any product delivered on time before?
- Production schedule and reliability of the dates?
- Any actual images/videos of the factory, the hardware in action?
September 15, 2017, 11:45:24 PM
...
Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm.
...
Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm.
...
7nm is an order of magnitude harder than anything that came before. If you're not seeing nVidia or AMD producing or even announcing parts at this node, then you're not going to see real parts coming from a random bitcoin company any time soon. nVidia and AMD have $billions to invest. 7nm parts will come, but not soon. 7nm bitcoin mining chips will only be used to backfill fab capacity if they don't have other production to run.
Every new technology node is massively more difficult than the preceding one. Transition to 7nm changes all sorts of things. It's going to take literally $billions to get this tech up and running. No one's going to waste wafers on bitcoin chips, unless for fab testing because it's actually a very simple design. Maybe this is what they're hoping for? I just don't see it happening.
September 14, 2017, 12:45:41 AM
The name is unfortunate is it turns out to be a legitimate product, or well fitting if it turns out to be a scam.
September 13, 2017, 10:32:31 PM
OMG...GMO's
Fucking Monsanto is behind this... I just know it
SAY NO to GMO miners
Fucking Monsanto is behind this... I just know it
SAY NO to GMO miners
I love it,
I was thinking Monsanto the whole thread. lol
September 13, 2017, 09:55:45 PM
OMG...GMO's
Fucking Monsanto is behind this... I just know it
SAY NO to GMO miners
Fucking Monsanto is behind this... I just know it
SAY NO to GMO miners
September 13, 2017, 06:04:45 PM
Along the same lines as I said before ...
There's really only 2 companies outside Bitcoin that work in the same area as Bitcoin miners - nVidia and AMD (GPU)
Even Intel don't produce chips in the league of Bitcoin.
It's a high power, many hundreds or thousands of 'threads'/cores of operation, brute-force, CPU bound process.
Now to put some relevant points on the table:
Why are there no 7nm GPUs yet?
For all we know, it may not be possible to do a massive core, high power, bitcoin 7nm ASIC with the current production methods.
Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm.
Basically, if some company who has no experience with GPUs or Bitcoin, comes out making claims about producing a 7nm Bitcoin ASIC, it's either a marketing ploy with no expected miners, or worse, you can expect failure if they haven't got someone from nVida, AMD, Bitmain or Canaan (or Bitfury?) in there working with them.
There's really only 2 companies outside Bitcoin that work in the same area as Bitcoin miners - nVidia and AMD (GPU)
Even Intel don't produce chips in the league of Bitcoin.
It's a high power, many hundreds or thousands of 'threads'/cores of operation, brute-force, CPU bound process.
Now to put some relevant points on the table:
Why are there no 7nm GPUs yet?
For all we know, it may not be possible to do a massive core, high power, bitcoin 7nm ASIC with the current production methods.
Both nVidia and AMD have made comments suggesting they are doing 7nm but there's also been suggestions about the difficulty in doing that and that they may even be targeting 10nm instead of 7nm.
Basically, if some company who has no experience with GPUs or Bitcoin, comes out making claims about producing a 7nm Bitcoin ASIC, it's either a marketing ploy with no expected miners, or worse, you can expect failure if they haven't got someone from nVida, AMD, Bitmain or Canaan (or Bitfury?
) in there working with them. September 13, 2017, 01:53:32 PM
You might think without Satoshi there would've been no Bitcoin or without a president a government could not function, you are wrong. with or without
Bitmain there is always someone to do even worse than Wu, if Hitler was never born we would've had the millions burned and killed in a different type
Of war. what Bitmain is doing is the exact same thing anyone in their position would've done. only actions matter not words on the paper or on the screen.
Bitmain there is always someone to do even worse than Wu, if Hitler was never born we would've had the millions burned and killed in a different type
Of war. what Bitmain is doing is the exact same thing anyone in their position would've done. only actions matter not words on the paper or on the screen.
September 13, 2017, 01:32:26 PM
Considering how much money Bitmain has and the extensive R&D they do already, I also find it unlikely they can bring these kinds of efficiency rates. Perhaps they can, but with 7nm largely unknown and all and diminishing returns on efficiency the hopes get lower. Maybe they can get it to there but they'd need to undervolt and underclock chips possibly to do so. GMO likely isn't a scam, but if you think underperforming is a complete scam then it is for you.
September 13, 2017, 12:06:56 PM
Just throwing this out there, but Bitfury 16nm can run down around 0.07J/GH if you really want them to.
It's not going to take 7nm miracle process to hit that kind of efficiency. I would like to see more competition outside China, and I respect Japanese engineering, but they are definitely overly optimistic.
Regarding those 1109 coins, Phil - I wouldn't say 1108 are scams but it's probably pretty close.
It's not going to take 7nm miracle process to hit that kind of efficiency. I would like to see more competition outside China, and I respect Japanese engineering, but they are definitely overly optimistic.
Regarding those 1109 coins, Phil - I wouldn't say 1108 are scams but it's probably pretty close.
Agreed many many many of them are scams. Not all of them.
If you look at crypto coins for what they are you can see a need for more then one.
Multiple al-gore-rythyms are important and some degree of multiple redundancy in the shape of multiple coins for each al-gore-rythym is important.
Calling GMO a scam is not what I would say.
And they already launched another coin to be used in aiding coin trades.
I have one thing in agreement with kano too many coins can dilute and hurt any one coin. So I would like to see coins shrink to well under the 1109 amount we have at the moment.
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