TRIPLE-1 Has Been Successful in the 50% Curtailment Compared to the Electricity Consumption of the Conventional Mining Machine

The official announcement of the numerical value in performance of the hyper specification will be publicized.

- The performance evaluation of the mining machine, “KAMIKAZE” equipped with the 7nm ASIC chip has been completed. –

FUKUOKA, Japan--(BUSINESS WIRE)--TRIPLE-1, Inc. (Representative director: Takuya Yamaguchi) is publicizing the numerical performance evaluation of the mining machine, “KAMIKAZE” equipped with the 7nm ASIC chip this day, on Thursday 13^th September 2018.

-- The numerical performance evaluation of the mining machine, “KAMIKAZE” equipped with the 7nm ASIC chip will be publicized.

This time, in the test of the performance evaluation of the mining machine, “KAMIKAZE” equipped with the 7nm ASIC chip, we have confirmed the result as follows.

• “KAMIKAZE” Performance: Energy saving performance
Hashrate : 14.5 TH / s ± 5% (* at the normal state)
Power Consumption : 750 W ± 5%
Power Efficiency : 0.052 W / GH ± 5%

• “KAMIKAZE” Official Movie
https://youtu.be/Fp_K4bV639Y

Currently, the mining machine for the bitcoins which have been officially commercialized are mainly equipped with the 16nm ASIC chip. In the world market, the manufacturing company of the mining machine apparatus in Greater China has been accounting for about 87% of the entire market (*refer to 1)

Among the manufacturing companies of the mining machine apparatus in Greater China, there is an enterprise which is on the Unicorn Company (*) list in 2018 and is rated at more than 15000 million American dollars. (about 1665000 million yen) (*refer to 2)

(*) The Unicorn (finance) means unlisted venture companies whose estimated value as a company is more than one billion American dollars. (about 111 billion yen)

The main performance of the mining machine equipped with the 16nm ASIC chip is as follows.

• The main mining machine equipped the 16nm ASIC chip:

Hashrate : 14.5 TH / s ± 10%
Power Consumption :1,350 W ± 10%
Power Efficiency :0.093 W / GH ± 7%

The mining machine, ”KAMIKAZE” equipped with the world’s most advanced 7nm ASIC chip has the same Hashrate as the main mining machine equipped with the 16nm ASIC chip, but the power consumption value has been successfully curtailed by almost 50%.

Due to the elevation of difficulty in bitcoin mining, nowadays, a large arithmetic capacity (Hashrate) has been required and we have been proceeding with the manufacturing examination of the large hash power model.

As a result of the large hash power performance evaluation test, the following numerical value has been confirmed.

• “KAMIKAZE” Performance: the large hash power performance
Hashrate : 33.0 TH / s ± 5% (* at the normal state)
Power Consumption : 2,000 W ± 5%
Power Efficiency : 0.061 W / GH ± 5%

-- Starting acceptance of the mining machine ordering specification towards the mining farm business people

We will adjust the mining machine, “KAMIKAZE” equipped with the world’s most advanced 7nm ASIC chip to the area, the environmental characteristics and the business model, considering the balance between the performance and the manufacturing cost.
We are starting the development and production of the mining machine optimizing the number of chips and the case size.

-- Further innovative development will become more realistic.

TRIPLE-1, Inc. has been proceeding with the development of the mining machine, “KAMIKAZE” equipped with the world’s most advanced 7nm ASIC chip since February 2017.
On the 13^th September 2018 when about 1 and a half years have passed since the start on the development, we have finally reached to the stage of the official announcement of the result of the performance evaluation test.

We are anticipating that the first mass production styled mining machine shipping will start from the end of November 2018.

Due to the result of the "KAMIKAZE" performance evaluation test, the ongoing development in parallel has become more realistic.

TRIPLE-1, Inc. will continue to aim for the [world No.1 manufacturing] under the ambition, [Today is created by the challenge toward "impossible"].

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Refer 1: 2017 Industry Share Ratio of Major Top 5 Companies in Bitcoin Mining Machine Market, etc. (According to Frost & Sullivan)
http://www.hkexnews.hk/APP/SEHK/2018/2018051401/a15303/ECNI-20180514-14.PDF

Refer 2: According to ccn. (AUGUST 23, 2018)
https://www.ccn.com/15-billion-bitcoin-mining-firm-bitmain-is-losing-competitive-edge-analyst/
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Company outline
Company name : TRIPLE-1, Inc.
Corporate headquarter :
7F IT Bldg. II,1-14-20 Hakataeki-Higashi, Hakata-ku Fukuoka-shi, Fukuoka 812-0013, Japan
Representatives : Representative Director CEO Takuya Yamaguchi
Directors list :
Representative director CEO Takuya Yamaguchi
Director CTO Kenichi Ozaki
The capital : 3662 million 895 thousand and 398 yen (including the capital reserve)