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Topic: How will this influence BTC Samsung to produce Mining Equipment for BTC & others (Read 129 times)

mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
Will it become (even) more centralised?

Why do you think so? In my opinion this helps decentralization as it actually gives Bitmain a direct competitor. This is good news in my book (unless Samsung is planning on doing some shady stuff).
newbie
Activity: 52
Merit: 0
This is a big step in the right direction for the company(Samsung), now Bitmain will have a real competitor in the asic mining world.
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
I just read this article:

mining/">https://www.newsbtc.com/2018/01/30/samsung-south-koreas-largest-company-manufacturing-asic-chips-bitcoin-
mining/


Apparently Samsung is entering the ASIC production marketing. How do you think this will influence Bitcoin mining? Will it become (even) more centralised? Will Samsung take over the market?

“Samsung is operating a foundry that supplies a Chinese cryptocurrency mining firm with mining equipment and ASIC chips. Since Samsung has just begun its cryptocurrency mining venture, it is unsure of the revenues it can generate from it,”
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