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Topic: Samsung has now entered the cryptocurrency world - page 23. (Read 4675 times)

full member
Activity: 854
Merit: 100
It is surely a good news for bitcoin users and bitcoin itself as a giant like Samsung steps into Cryptocurrency. While last we can not predict what has called for this move, we can be assured that Samsung has seen an opportunity and has moved in to take advantage. I hope we do benefit from their venture.
full member
Activity: 476
Merit: 100

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 move will surely have a great impact on cryptocurrencies given the status and credibility of Samsung. This only proves that more and more big names are now comprehending the concept behind Bitcoin and other digital currencies. The interest to invest by these companies adds value to this market by lifting its legitimacy to a higher level. Something that may lessen the skepticism of many potential investors.
member
Activity: 224
Merit: 10
This suggests that big companies in South Korea have noticed the possibility of block chain technology, which are usually very sensitive in economic activity, and want to take the lead in the latest technology or possible technology, and hope that Samsung's entry into the encrypt money mining industry will drive more money into the encrypt industry.
newbie
Activity: 154
Merit: 0
Samsung in the cyrptocurrency is very good and it is showing that the future of the cyrptocurrency is brighter and  better.
member
Activity: 420
Merit: 18
Samsung the technology giant entered crypto world we can expect more development Samsung blockchain field
legendary
Activity: 1120
Merit: 1003
Crypto Money World is getting more appetite for big companies as time goes by So it will be good for us as soon as everyone thinks to get such a profit from mobile devices or any operating system or graphics card.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
This are the goodness we are waiting for, when samsung as a communication platform, enter the  crypto space, lots of individuals began to accept crypto as a tool for there development, sure multitude will tends to join the space through this.
newbie
Activity: 84
Merit: 0
I'm a big fan of Samsung technology and it's pleasant to hear that different companies such as mentioned tries to enter the world of cryptos.
Sadly, scaling is our problem. Improvements will attract more people and will increase workload of block chain proportionally.
I just hope that resolution to the scaling problem comes first and it just the aim of mining.

But good news though

I like Samsung since before I'm using thier gadgets and technology nice to hear they connected in currency  specially bitcoin our usage will become high and price will goes up as follows.
newbie
Activity: 30
Merit: 0
This is good news because the world's Samsung companies are planning to use cryptocurrency, the advantages and sophistication of cryptocurrency will certainly make everyone think that the future of the transaction system will soon adopt cryptocurrency, hopefully more companies will follow Samsung.

I see it positive because other companies will soon join this. Now only Batmain is supplying ASIC chip mining rigs. All are aware of price shocks with the purchase of this machine.
It should be noted that Samsung has produced productive memory chips for video card graphics processors, which will be used not only to display graphics on the computer, but also for crypto currency. This platform is designed specifically for one purpose - mining. This is their difference from multifunctional and multitasking processors, which are used in conventional computers and smartphones. With good news like this it will make Bitcoin increasingly popular and trusted in the eyes of the world. Since Samsung is a well-known technology company in the world, it will simplify Bitcoin into trust in transactions and be used in any activity to facilitate a person.
newbie
Activity: 93
Merit: 0
They are already jumping into the trend since they do know that they can able to make money with cryptocurrency. Focusing on making mining hardware would really patch up the scarcity or demand of people who do look for it. They do see the high demand this is why they do really decide to engage with this and as a business they can make money out of this but well this is only my assumption but the possibility on having right observation is high. Smiley Smiley
newbie
Activity: 238
Merit: 0
This is great news for the cryptocurrency community. Suchh development will only take cryptocurrency to yet another level. We all know the competitiioin that exists between Samsung and Apple... This is a welcoming development, just sit back and enjoy the ride.
newbie
Activity: 91
Merit: 0
It is a great news for all investor that a really very big and popular company like Samsung entered the cryptocurrency world. Some company like them or others if entered this business everyone will be more encouraged about the crypto world. I my self feel safe to invest so like me many will follow.
newbie
Activity: 7
Merit: 0
It is great news to know that samsung is not involved in the new age cryptocurrency. I km=now this willl go a long way
full member
Activity: 378
Merit: 100
I think it's a good way for them to make a good advertising campaign and once again remind about their company. On the other hand, they have all resources to make strong equipment for the mining. So I see only advantages not only for the company, but also for the whole industry
full member
Activity: 266
Merit: 100
That mining chips from Samsung will cost twice as much as the rest, will be medium quality and maybe will explode. I don't trust Samsung.



I think Samsung will do thier best to produce a good quality of mining chips, eventhough sumsung undergo failure from the fast, I know that they don't take it as failure but a lesson to do best on the next innovation. And I am sure that other company of smartphones will also enter in crypto.
I don't really know, we will see it when they will perform their innovation. I will learn more about this mining chip and I will look at the reviews.
newbie
Activity: 51
Merit: 0
Yes,as samsung has revealed it is making chips designed specially to harvest cryptocurrency coins.
full member
Activity: 263
Merit: 100
Samsung is already producing large memory chips for graphics card processors, which are used not only to display graphics on the computer, but also for mining cryptocurrency.
hero member
Activity: 1078
Merit: 501
Maybe that is good for us because a lot of cryptocurrencies are available, meaning, we can still have a long time for Cryptocurrencies. It is still a lot more of years to come for us for sure, the more coins we can have, the more we cryptocurrencies will still alive and our income will also be alive for more.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform

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 is a bold attempt of Samsung to reach out to the people who are mining bitcoin in hopes of making them their customers. Apparently they wouldn't hope to get any profit from this "partnership" with bitcoin since they haven't invested anything and they even chose to make mining hardware on their phones. The only thing they could possibly gain from this is when people chose to buy the phones.
full member
Activity: 518
Merit: 101
This is good news for cryptocurrency! A big name like Samsung will certainly add value to crypto and legitimate its image further. Having these huge companies backing up crypto will attract more investors into the market. Meaning, the crypto market value will have a dramatic increase! The benefits of which most of us will savor.
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