Besides GMO Internet, another Japanese company is working on producing 7nm mining equipment. Triple-1 has been working on its 7nm bitcoin mining chips and expects to start shipping the equipment in November, shortly after GMO expects to start shipping its 7nm miners.

Triple-1 Co. Ltd., a Japanese company established in November 2016 and headquartered in Fukuoka, engages in ASIC chip development and cryptocurrency mining farm construction. The company began looking into developing 7nm bitcoin mining chips in February last year.

This week, Triple-1 confirmed that it has completed “the silicon wafer, the sample-chip, the sample-board and the prototype-unit of the mining [7nm] ASIC chip ‘Kamikaze.’”

triple Mining

A representative of the company told news.Bitcoin.com, “we have been conducting a verification of the function as well as the efficiency on the sample-chip and prototype unit,” adding that the company’s “partner foundry is TSMC Co. Ltd. (Taiwan).”

The power efficiency of Triple-1’s 7nm chip is listed at 0.05W/GH, which the company claims, reduces power consumption by at least 50 percent over a conventional 16nm chip.

Another Japanese Company Developing 7nm Bitcoin Mining EquipmentThe Kamikaze chip is the same size as conventional chips, but with a circuit density 5.2 times greater, the company claims, which boosts each chip’s performance to 300GH/s or more.

Triple-1 president and CEO, Takuya Yamaguchi, commented, “Although mining capacity is more than four times that of conventional products, power consumption is expected to be halved at maximum.”