GMO COMPANY DECIDED TO POSTPONE THE DELIVERY OF ASIC-MINERS BASED ON 7NM CHIPS

The Japanese company GMO has postponed the delivery of two models of ASIC-miners for bitcoin mining on the basis of 7nm chips. In addition, the company plans to move its mining activities to a more favorable place for this business.

GMO Internet announced on Monday that it has postponed the delivery of ASIC miners based on 7nm chips for bitcoin mining.

The company produces two models of miners: B2 and B3. Deliveries of the first were to begin at the end of October, and the second — in November.

On Tuesday, the representative of GMO announced that shipment of both models of miners have been delayed, clarifying:

“This is because the parts we need for our miners are really very difficult to acquire now because of the tight global supply and demand balance.”

GMO Internet launched the B2 line in June and the B3 line in July. In August, the company upgraded the B3 housing design to improve cooling efficiency and stability. Both models were sold for $1,999 USD.

The representative of the company stressed that all customers who require a refund, the money will be paid.

On November 5, the company released a monthly report on its mining activities, which shows that 595 BTC and 875 BCH were mined in October. The overall GMO hashrate increased from 479 PH /s in September to 674 PH /s in October.