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Cryptocurrency Mining

NEWS

OVERVIEW

A More Flexible Global Economy :
Contributing to the development of cryptocurrencies (Bitcoin)

Next-generation mining chip and mining board

Internet has eliminated the boundary related to information and changed the way the world is. Similarly, cryptocurrency is likely to eliminate the boundary related to money and further change the global economy.

Bitcoin is currently the most widespread cryptocurrency out of more than 1,000 types of cryptocurrencies. Its market capital has exceeded USD 110 billion (approximately JPY 12 trillion as of November 2, 2017), which accounts for over 60% of cryptocurrency's total market capital.

GMO Internet Group will support mining infrastructure of Bitcoin by leveraging our technological strength and accumulated know-how on Internet infrastructure and financial services, which have No. 1 FX trading volume worldwide, contributing to development of cryptocurrencies that make the global economy more flexible.

MINING

The process to verify and add transaction data to blockchain supports mining infrastructure of Bitcoin

What is Bitcoin mining ?

Bitcon is built on blockchain technology that regularly adds all transaction records to blockchain, which is a chain of blocks saved on the network.

If transaction data of Bitcoin, which is exchanged all over the world, is transmitted to the network, miners worldwide will compete to generate a block of transaction data of a given time period.

The exact block needs to be generated while recording to the blockchain and ensuring the integrity of the new transaction data.

The work involves intensive computation. If a given miner succeeds in generating the block first, and the block is approved and added to blockchain, Bitcoin is issued as a reward to the miner.

Data fraud is prevented and Bitcoin is kept integrated and safe through the above process ("mining").

FAQ

  • I want to purchase next-generation mining board, a hardware equipped with next-generation 7nm semiconductor chip ("mining chip"). How do I get it?

    We launched GMO miner B2, which is our own high-performance computer for mining (mining machine), on June 6, 2018. Please refer to the GMO miner site.

  • I want to know the details of next-generation mining board.

    Please refer to GMO miner B2, The World’s First Mining Machine Equipped with Mining Chips Using a Cutting-Edge 7 nm Process Technology.

  • When can I purchase next-generation mining board?

    We launched GMO miner B2, which is our own high-performance computer for mining (mining machine), on June 6, 2018. Please refer to the GMO miner site.

  • I want to collaborate with GMO Internet's Bitcoin mining business.

    Forming alliances or collaborating with other companies currently is not the plan.
    We will announce the details through our website if we are looking for companies to cooperate with.

  • I want to know the details of GMO Internet's Bitcoin mining business.

    About our cloud mining service, please refer to Z.com Cloud Mining, for 7nm mining machine, see GMO miner, and we are reporting our cryptocurrency mining business monthly report on corporate site.

  • I want to know the details of the token sale (ICO).

    GMO Internet's Bitcoin mining business is currently considering the token sale (ICO).
    We will announce the details through our website or press release.

  • Is there a way to receive the information about GMO Internet's Bitcoin mining business?

    We are currently considering a way to provide information to those who wish to be kept updated.
    We will announce the details through our website.

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