GMO Internet Group Corporation announced the successful development of 12-nanometer Fin FET Compact (FFC) mining chips. This was an important step on the way to creating even more productive 7-nanometer devices, according to  the  company’s website .

As stated in the message, thanks to the new development, among other things, the validation process of the SHA256 logic circuits was completed. However, in the sale of a motherboard with new mining chips will not arrive.

Testing of 7-nanometer chips for bitcoin mining is planned for the spring of 2018.

Previously, GMO Internet announced its intention  to take the leading position  in the field of mining crypto currency and open a separate office in Northern Europe.

The company has already engaged in its project a mining center that uses renewable energy resources, which allows cutting costs through low energy consumption.