GMO Internet Group, a Japanese Internet conglomerate, plans to spend about $ 320 million. to launch Bitcoin Farm in the first half of 2018 and is going to develop its own 7nm mining chips, working at an "unprecedented level of efficiency", thus becoming a potential competitor to Bitmain.
The company says that Bitcoin will become a "universal currency", which will create a global "boundless economic environment", and they want to become its part.
In May, GMO launched a trading platform, and then planned to open an Internet bank and changed their mind. However, the emergence of a new large Bitcoin-Pull pleases, because it can significantly shake up the Chinese mining cartel and reduce the level of centralization in this area.