GMO Internet’s Cryptocurrency Mining Business Develops 12 nm FFC Process Technology for Semiconductor Chips: Progressing towards realizing a cutting-edge 7 nm process technology for mining chips

Tokyo, Japan – January 22, 2018 – GMO Internet’s (https://www.gmo.jp/en/ ) new cryptocurrency mining business, which has been launched through its European legal entity, is currently developing cutting-edge 7 nm*1 process technologies for chips to be used in the mining process.

As the first step of the research and development, They have succeeded in developing a new 12 nm FFC*2 process based mining chip (12 nm FFC mining chip). The following outcomes have been obtained, which are significant milestones as they show that we are closer to realizing a 7 nm process technology for chips to be used in the mining process.

  1. Prior to the development of a 7 nm process technology, validation of SHA256*3 logic circuit is complete.
  2. Succeeded in developing 12 nm semiconductor mining chip, a cutting-edge ASIC*4 mining hardware.

Cutting-edge 7 nm process technology for chips will be used in the mining process, and GMO Internet will continue to work on research and development, using the next-generation mining boards in the mining process in the first half of 2018.
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Mining board equipped with 12 nm FFC process based mining chips

12 nm FFC process based mining chips

In consideration of the fact that GMO Internet has succeeded in developing a 12 nm FFC mining chip, They will proceed to the next step of the development to realize a 7 nm process technology for chips to be used in the mining process. We will not sell mining boards equipped with 12 nm FFC process based mining chips.

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*Please note that they have stated that above details may be subject to change without notice.

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