Topic: [2018-02-13] TSMC: Bitcoin Demand For Next Two Years Is Quite Considerable (Read 109 times)

Taiwan Semiconductor Manufacturing Co Ltd(TSMC), world’s largest contract manufacturer of semiconductors, undoubtedly, is the real winner of bitcoin mania as bitcoin miners rush to purchase its HPC chips. It is estimated that TSMC has taken over 90% of the market share in bitcoin mining chip production, according to Taiwan Mirror Media. In the aftermath of recent bitcoin sluggish, TSMC is still bullish on its mining chip business, saying demand for bitcoin mining in the next two years is quite considerable.

Stan Shih, independent director of TSMC and founder of Acer, said,

Clients would like to choose TSMC for the reason that it leads in technology and process, and performs well in delivery.

There’s a common problem for many Taiwan companies, that is, they do not invest the future. While TSMC is making relentless effort to make investment in new technologies and process. In this sense, only TSMC could seize the opportunity to provide the market needed bitcoin mining chips and secure a strong footing in the marketplace.

Although bitcoin had gone through several corrections since entering 2018, director of TSMC thinks bitcoin is currently still at a good price. As long as bitcoin price is above the cost of mining, it could provide growth impetus for mining-related business and the business opportunity will last and last. So what on earth is the cost of a mining machine? He refused to disclose it, but responded

http://news.8btc.com/tsmc-bitcoin-mining-demand-for-next-two-years-is-quite-considerable