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Topic: Samsung ASIC Chips - Positive News for Miners (Read 216 times)

newbie
Activity: 27
Merit: 0
January 31, 2018, 10:06:48 PM
#6
I have heard about this. Good stuff as large companies are investing into something we are afraid will be eventually banned. If big hardware manufacturers bet for cryptocurrencies then besides the fact it will become a serious business the technology is here to stay
newbie
Activity: 26
Merit: 0
Ebit Miner E10 DW1228 Chip is made by Samsung
legendary
Activity: 1498
Merit: 1030
It seems very odd that the original article talks about a deal between Samsung and TSMC - since both operate their own foundries.

I suspect some information didn't get turned up that would shed REAL light on whatever is actually happening.

hero member
Activity: 1498
Merit: 597
Another topic about the same object ... HERE

If SAMSUNG ENTERS ‘MASS PRODUCTION’ OF ASIC MINERS that would be a mess , and bitcoin ASIC miners going to have the same situation just like what happened with D3 Dash miners ...
If any company starting to flood the market with ASIC miners without limiting the sales, thats sooner or later going to kill the mining profitability ...
Only the ASIC maker company going to have a big profit from selling hardware ... Miners going to generate pennies ...
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
The chips are most likely going to Ebang's new SHA256 miner, nothing amazing going on here. They advertised a new miner on the 10nm process from Samsung and that's most likely where those chips will be going. It'll be interesting seeing what the price of the miner will be, and if Ebang will actually do a good job with their miner and not shit the bed again.
newbie
Activity: 322
Merit: 0
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.

Read more...

https://cointelegraph.com/news/samsung-asic-chips-positive-news-for-miners
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