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Topic: Samsung has now entered the cryptocurrency world - page 14. (Read 4675 times)

newbie
Activity: 17
Merit: 0
seems to be goodnews when price in downfall period,  with participation of big institution will increase popularity of whole crypto ecosystem
member
Activity: 308
Merit: 10
if Samsung is serious about this investment and we see it in the mass media than it means btc is in the hand of big investors and have really a future which could give confidence to people.
newbie
Activity: 25
Merit: 0
full member
Activity: 462
Merit: 102

As we know Samsung is one of the biggest and famous phones, smartphones, tablets producers in the whole world and now they are planning to make there own mining software. Is this a good news for us bitcoin users? I mean what are they aiming for?

For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/

It is good news. We now have major market leaders aiming to integrate bitcoins to the society. Meaning more publicity to bitcoins therefore brings a lot more people to invest in bitcoins. Smart move for Samsung. I think they're aiming for people to mine bitcoins for them.
member
Activity: 224
Merit: 11
BitHostCoin.io
Yea, sure - Samsung entering cryptocurrency is very advantageous.
A huge company supporting cryptocurrencies is a huge step to establish trust from people and open their minds to the benefits of crypto over paper money.
To which, it can mean a huge gain of popularity that may increase values as it relies on demand/supply.

Well, I just hope that samsung is really serious and dedicated in what they are doing right now, also hoping that they can be able to help cryptocurrency price to rise again in the coming months.
jr. member
Activity: 178
Merit: 1
Yes samsung only offer this chip to their partner Bitcoin mine in China. But I think this will be the beginning, In my opinion, if this continues as mentioned above, a lot of competition means cheaper price.Samsung, one of the best companies that go into making mining equipment makes the user happy also the information that comes at this time actually increase the user cryptocurrency.
legendary
Activity: 1110
Merit: 1000
I’d say it’s good news for us, the more companies that are competing to provide software/hardware the cheaper the prices will get from the competition. The other benefit is that once these large corporations start to benefit from the crypto industry, either directly through investment or indirectly through selling hardware/software, they will start to use their lobbying force to push back government attempts to hurt the crypto community. Once they start realizing how much their bottom line is affected by people buying their products to mine, they will become more protective and use their political influence to curtail anti-crypto legislation.
This is probably the best thing that happen since the value of bitcoin come to it's downfall. And hence this is a great opportunity that Samsung enter this kind of business because it is now the new trend for investment and new trend for business. This is a very amazing thing that happened this year.
member
Activity: 238
Merit: 15
I won't be surprised if after some time Apple announced the production of the same chip)
jr. member
Activity: 200
Merit: 1
I’d say it’s good news for us, the more companies that are competing to provide software/hardware the cheaper the prices will get from the competition. The other benefit is that once these large corporations start to benefit from the crypto industry, either directly through investment or indirectly through selling hardware/software, they will start to use their lobbying force to push back government attempts to hurt the crypto community. Once they start realizing how much their bottom line is affected by people buying their products to mine, they will become more protective and use their political influence to curtail anti-crypto legislation.
newbie
Activity: 151
Merit: 0
Yay, this is very good news because it seems like many android users are also as crypto users. Among the many bad news about bitcoin, finally there is good news too. Hopefully this will also soon be followed by LG, APPLE and other global companies.
newbie
Activity: 81
Merit: 0
yes of course,now samsung has enterned the cryptocurrency world.So most of them are going to do a great U-turn. Into the crypto world
full member
Activity: 420
Merit: 100
Thats good news to bitcoin holders specially whenSamsung will accept Bitcoin as mode of payments in buying smart phones. It will be beneficial to those who have plenty because they can just purchase anytime processing it digitally.
full member
Activity: 392
Merit: 101

As we know Samsung is one of the biggest and famous phones, smartphones, tablets producers in the whole world and now they are planning to make there own mining software. Is this a good news for us bitcoin users? I mean what are they aiming for?

For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/
This will be great news because the number of miners will significantly increase. An increase in the number of miners also increases the transaction speed in the blockchain. To that end, I hope that their software will be efficient yet user-friendly so that it will be famous in a short amount of time.
jr. member
Activity: 99
Merit: 1
Well, that's a great innovation from the smart phone world. I am very happy if samsung will create a mining device. If it is realized then I will move to samsung. In my opinion, it's part of samsung's strategy of taking opportunities and looking for more users. It can not be denied if now more and more people are engaged in crypto currency so samsung want to attract the attention of the crypto currency players to use its smart phone. One of its strategies by creating this mining software. That's my bit of analysis.
full member
Activity: 390
Merit: 157

As we know Samsung is one of the biggest and famous phones, smartphones, tablets producers in the whole world and now they are planning to make there own mining software. Is this a good news for us bitcoin users? I mean what are they aiming for?

For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/

Well it's genuinely great and a good news for us user though and mostly the miners ,  but then again since i heard this news around last month i think , it said that samsung will be the greatest and most applicable device in regards of mining , best hope and looking forward to this new mining device.
member
Activity: 238
Merit: 11
Yea, sure - Samsung entering cryptocurrency is very advantageous.
A huge company supporting cryptocurrencies is a huge step to establish trust from people and open their minds to the benefits of crypto over paper money.
To which, it can mean a huge gain of popularity that may increase values as it relies on demand/supply.
newbie
Activity: 196
Merit: 0
I'm with two hands for what would be companies like Samsung, turned their attention to crypto. Having such a scale + users who are ready to provide their capacity for mining various kinds of crypto. Did not receive a large share of profits! The future is not far off!
sr. member
Activity: 435
Merit: 251
Samsung is making many things - fridges, microwaves e.t.c., so I do not think, that this large company can now making also mining equipment, because BTC users are too small group for the whole world. Fridges and microwaves are used by everyone, but not mining equipment. 
newbie
Activity: 138
Merit: 0
this is good that you can mine in smartphones because i really wanted to try mine on my phone but it can't.
newbie
Activity: 70
Merit: 0
 I believe that samsung will not only be the one to benefit from this but also this industry. This will put pressure on other big companies and might just push them into gambling into the crypto industry and try it out just to not get left behind by the others.
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