Samsung ASIC Chips - Positive News for Miners

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Last post made 6 years ago by Ivan4eg88
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  • Ivan4eg88
    • Started by
    • Ivan4eg88
    • at Feb 01, 18, 05:37:00 AM
    • Ukraine Super Hero 1811
    • last active 3 days ago

    Technology giants Samsung are said to be entering the cryptocurrency world in a move that has positive ramifications for miners at large.

    As reported earlier this week in Korean news outlet The Bell, the South Korean conglomerate will produce Application-Specific Integrated Circuits (ASIC) processing chips in its own foundry in a deal with Taiwanese manufacturer TSMC. Ironically, TSMC provides the ASIC chips used in Bitmain’s Antminers, but it’s new partnership with Samsung could well provide the first real competitor to Bitmain’s chip manufacturing ventures.

    News about it here on Coingeek.

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