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GMO ASICs ICO: mining company to attract investments in hardware

26 October 2017 21:00, UTC

GMO, a Japanese high-tech firm previously seen in the news as a rich and promising developer of ASICs – special mining rigs that allow to efficiently produce cryptocurrency – has decided to finance its future developments via an ICO.

The tokens issued by GMO might be used for payments for products of the company in the future, so the main problem of tokens – its value – seems to be solved straight from the start. Many would wish to have them to get GMO’s ASICs.

As the corporate announcement published on Tuesday tells, tokens or coins will be available to change for a new mining board that will be able to operate at 10 terahashes/second per chip and will be more energy efficient than the chips of the rival companies. Keep in mind, though, that no corporation tells about the negative features in its products. To see if this new mining board really worth the token investment, it is preferable to wait for its release and following