MicroComputer's G1 PLUS and G1 MINI mining machines are progressing smoothly in terms of R&D and testing, as well as the supply chain of the products. The core components and IP of the chips have been successfully mass-produced and taped out.In addition, the computing power indicators of the C32+ algorithm have been greatly improved.The first batch of customers' machines will be shipped as planned in October.G1 mining machine core verification chip After a period of pre-sale, G1PLUS mining machines have received orders for mining machines with three times the current total network computing power.It is expected that the GRIN total network computing power will increase significantly starting from the end of October.MicroComputer is about to release the second batch of G1 mining machines.In order to ensure high returns for customers, the price and quantity of subsequent G1 PLUS machines will be announced based on factors such as GRIN's price and total computing power growth. G1 PLUS is compatible with C31 and C32 algorithms.In the coming January 2020, Grin's computing power using the C32+ algorithm will gradually increase relative to C31+, until August 2020, when the C31+ algorithm will be completely replaced by the C32+ algorithm as planned, and GRIN developers have decided to extend the POW application time of the C32+ algorithm indefinitely.Therefore, after entering 2020, the computing power performance of C32+ will determine the long-term benefits of miners. In order to further increase customer profit time and extend the life of mining machines, the G1PLUS product has upgraded the computing power of the C32+ algorithm. Thecomputing power of the C32+ algorithm of G1 PLUS is close to 1/3 of the computing power of C31+ (more than 30%), which will be significantly higher than the specifications announced by other manufacturers (the computing power of C32+ is only 20% of the computing power of C31+). In terms of core chip technology, the chips of the G1PLUS mining machine are mass-produced using TSMC's mature process technology, ensuring the stable supply capacity of G1 PLUS.