Topic: Samsung has now entered the cryptocurrency world - page 31. (Read 4675 times)
Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips
I hope that samsung can create quality and durable hardware mining. And samsung is a very meticulous company in seeing an opportunity in the trend. Last year and this year it can be said that cryptocurrency is a promising trend.
If it is true it will definitely be a good thing to the crypto currency world. Because Samsung is popular and many people use their cellphone product. I'm sure it's one of those who can grow even more on the popularity of bitcoins. And this will be the bridge to better identify and use bitcoins in every human life
The entry of one of the largest conglomerate in the world is a big vote of confidence for bitcoin/cryptocurrency. All the other big companies are expected to follow the lead of Samsung unless they chose to be left behind.
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.
i hope they will be able to secure their labour supply with that currency.
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?
What they are going to do with a software, actually i thought they were planning to come up with a new mining hardware and if they can challenge with a good mining hardware, it will be a great thing and it will challenge the monopoly of bitmain. Their aim is to make profit in the new market and given the amount of profit bitmain made last year expect more companies to jump start the new hardware war. 
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.
It is an excellent move to see more and more large mainstream corporations want to adapt to blockchain technology and find new ways in which to harness and use it and also profit from it. The more and more companies and individuals use this technology, the more positive word will come out from the Media, in which case will lead to more and more primary venture capitalists and smaller serious angel investors backing projects in which we will all benefit from now and in the distant future.
We all know that Samsung is one of the few companies of all other companies. Samson Fan's Man is much better than all other phones. Users can easily use this form. The demand for this phone is much more. However, it must be circulated for Bitcoin. This may also mean more competition and low prices in the mining software market at that time.
I just read about this topic the other day and I was actually excited and happy seeing smartphone companies jumping in with the cryptocurrencies as well. I'm pretty sure the rest will follow once implemented, and I can't wait until the Apple company also realizes and enters also the cryptocurrency world. It is actually one big step towards a great future for the technology and the digital currencies as well.
For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/
Samsung has officially invested in bitcoin. This can be considered good news for bitcoin. This company will invest in bitcoin to push up the price of bitcoin. Once there are big companies involved in bitcoin, people will have more confidence in bitcoins.
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/
For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/
If look from another side, samsung long time entered in crypto, he make memory chips for mining hardware.
Now he want use it himself, instead of selling to retailers
Now he want use it himself, instead of selling to retailers
this is good news, Bitcoin can be better known by the Public. Samsung is a major mobile manufacturer in the world, this course will greatly affect users, hopefully Bitcoin getting better in the public eye. and many are interested in Bitcoin investments.
I think, is it worthy mining with smartphone? but this is a considerable improvement, because the smartphone industry is looking for cryptocurrency
No! mining using the smartphone is not feasible because mining will need an enormous volume of electricity in order to gain huge amount of Bitcoin. You can use smartphone but it will cost you lot of batteries and power banks just to make the phone power to be able to continue the processing of every transaction request in the blockchain so therefore this is purely a chips to enhance more the computer hardware during the mining process.
If Samsung decided to enter the Crypto market this would probably be an act that made the Crypto market go up today. And BTC prices will continue to increase in the future, Let's buy and hold them now.
For more info just read visit the link: https://www.sammobile.com/news/samsung-is-reportedly-making-mining-hardware-for-cryptocurrencies/
With the development of the cryptocurrency area, more and more people know about this field, and the continuous influx of investors has also enabled more companies to see business opportunities.
Samsung's development of the mine is possible to reduce the cost of miners.
Samsung's development of the mine is possible to reduce the cost of miners.
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