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Topic: Samsung has now entered the cryptocurrency world - page 29. (Read 4675 times)

member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
If Samsung decided to go to the oversaturated niche of crypto mining, then this is a good sign. Hence, Samsung analysts predict a rise in the cost
of bitcoin and other crypto-currencies.
newbie
Activity: 77
Merit: 0
this is a good sign that crypto is getting some recognition in the big brands that produces mostly our smart phone, imagine if samsung puts bitcoin wallet and payment apps in the phone people will be curious and will explore that app and they will discover bitcoin due to trust in samsung.
full member
Activity: 756
Merit: 100
yes this is good news for us bitcoin users because samsung will compete with chip maker or production of bitcoin mining device one of them bitmain from Chinese company, and will make or open fortune for miner because got various facility and will make cost all aspect of bitcoins shrink as they race to get customers. I think the reason of the samsung companies are reasonable because they see the advantages of bitcoin, especially the miners and samsung also can and experts in the field of software, especially on chip components, the ASIC chip (application-specific integrated circuit) which recently produced and used for mining cryptocurrency.

I suppose that more and more famous companies will join the world of the cryptocurrency. It had to happen sooner or later. And the news is really cool.
full member
Activity: 346
Merit: 100
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This is a really great news for crypto. Eventually, there will be many companies who will see the potential of crypto and then start participating in it making more chances of stabilizing the coins.
full member
Activity: 644
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/


Samsung is one of a biggest and successful technology company in the whole world and this is a good opportunity to the cryptocurrency or digital world when samsung is truly entered in our community. Hopefully other technology companies would enter too.
hero member
Activity: 826
Merit: 523


Samsung's stepping inside the world of cryptos can potentially be a good enhancement to the market and the reputation of the cryptos, in general. As we know, by the end of 2017, Samsung, as a chips manufacturer, had exceeded Intel. Therefore, entering the world of cryptos gives Samsung the right of priority in the domain.




full member
Activity: 574
Merit: 102
this is good news for the cryptocurrency community, and being proof of the issue of banning the bitcoin that the South Korean government wants to do late last year is not true. Samsung as one of the largest companies in the world obviously aims to get big profits in the world of bitcoin, this is reasonable and it becomes good because it can be interpreted bitcoin has good prospects in the future.
newbie
Activity: 56
Merit: 0

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 means recognition of Bitcoin and other crytocurrencies. For a large conglomerate like Samsung to come into the business of Crytocurrencies, I believe they must have done their research and discovered the importance and potential of Bitcoin. Supporting Bitcoin mining firms with hi-tech mining chip would increase mining capacity and thus more coins are made available to the general public.  This recognition, i believe, would lead to other major players in the same space with Samsung to also come into the building more accessories for the Cryto world.

we should also expect this news to have a positive impact on the price of Bitcoin in the market.
full member
Activity: 322
Merit: 141
A good promotion for cryptos. Otherwise not a surprise. Why wouldn't they join the wagon? They are a hardware producer and they can profit plenty, especially since there is a shortage of mining rigs. I wouldn't be surprised even if they started producing graphic cards....
newbie
Activity: 101
Merit: 0

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 a good news. Samsung offering this chip to their partner bitcoin mining in China. all big companies shoul do like that. bitcoin is the future technology.
legendary
Activity: 1218
Merit: 1000
yes this is good news for us bitcoin users because samsung will compete with chip maker or production of bitcoin mining device one of them bitmain from Chinese company, and will make or open fortune for miner because got various facility and will make cost all aspect of bitcoins shrink as they race to get customers. I think the reason of the samsung companies are reasonable because they see the advantages of bitcoin, especially the miners and samsung also can and experts in the field of software, especially on chip components, the ASIC chip (application-specific integrated circuit) which recently produced and used for mining cryptocurrency.
newbie
Activity: 53
Merit: 0
wow that's a great news!
newbie
Activity: 12
Merit: 0
very good information
sr. member
Activity: 938
Merit: 256
Another powerful country like south korea enters cryptocurrency world.
It will be a great start for bitcoin dominate in the future
full member
Activity: 266
Merit: 100
I think it is good news for all investors who using Bitcoin. I think the Samsung company is officially investing money on it for mining. As a result, the price and demand of Bitcoin will increase. It is expected that it will be safe for mining. Seeing that the Samsung company entered Bitcoin, other companies will now be attracted to Bitcoin and would like to invest in Bitcoin. It can be said that this way Bitakayen can travel the future. It will take place in the hearts of people for ages. I think all big companies in the world will accept Bitcoin Bitcoin.
hero member
Activity: 2996
Merit: 808
That is great news and everything, but Samsungs goal here is to make money. They don't really care much about cryptocurrencies, they saw that graphic cards and mining rigs are expensive yet people buy them a lot and that they can make a lot of money by making mining chips.
Big companies already sees the potential that crypto can gives, let's see if it will gives a blast on making btc pump again. But having Samsung will make more companies studied and test it again.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
It is a very positive update for bitcoin organization that samsung industries entered in to cryptocurrency in which bitcoin is the number one crypto in market of coins in digital market, maybe accepted as one of crypto samsung would be accepting.
member
Activity: 140
Merit: 13
Any business that is linked with the crypto markets has huge scope at the moment. If the big companies have started to get involved you know something has been going right.
They can smell the money.
hero member
Activity: 1042
Merit: 538
Defend Bitcoin and its PoW: bitcoincleanup.com
That is great news and everything, but Samsungs goal here is to make money. They don't really care much about cryptocurrencies, they saw that graphic cards and mining rigs are expensive yet people buy them a lot and that they can make a lot of money by making mining chips.
newbie
Activity: 92
Merit: 0
 I guess,when a prominent company like samsung supports bitcoin,a great revolutions taking place.this will make a clear future ahead of the world.
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