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Topic: Samsung is going to support bitcoin - page 20. (Read 2305 times)
It has really been announced that Samsung has started mass producing bitcoin mining chips in partnership with an unidentified Chinese mining company.
The news was reported by South Korean news outlet The Bell yesterday, citing unnamed Samsung officials as its source.Samsung's shift toward manufacturing processors for the crypto mining industry marks an expansion of its existing chip products, which reportedly accounted for more than 60 percent of its 2017 operating revenue. If confirmed, the company's involvement in mining will offer serious competition to the existing industry leader, China-based Bitmain, which claims to hold over 70 percent of the market share.
The news was reported by South Korean news outlet The Bell yesterday, citing unnamed Samsung officials as its source.Samsung's shift toward manufacturing processors for the crypto mining industry marks an expansion of its existing chip products, which reportedly accounted for more than 60 percent of its 2017 operating revenue. If confirmed, the company's involvement in mining will offer serious competition to the existing industry leader, China-based Bitmain, which claims to hold over 70 percent of the market share.
I also read the news in one of the online media that Samsung also Samsung also reportedly started mass producing GDDR6 chips recently, which would be an advantage for Bitcoin mining GPU-based cryptocurrencies.
Do you have any official news about this? If this is true, Samsung's ICO will become a big hit. Kodak is also having its ICO. I wish every brands will create their own token too.
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
By entering into the Bitcoin mining hardware business, they are going to stop the monopoly currently being enjoyed by Bitmain since they are major player in the cryptocurrency mining hardware. 
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
I have heard samsung news will be involved with bitcoin, but maybe this is different news. I still doubt the hardware for bitcoin mining tools? what will it work and normal?
we know that in mining will spend a lot of electric power and in add high computer spec. I can not imagine, what can a smart phone do that? maybe I should look for more information and enlightenment for this one thing.
Will thats a great news. Samsung is one of the richest in the world if he will support or invest bitcoin. I think will be unstoppable . No more worries about bubble pop on bitcoin. And i think will reach 20-25k $ if that happend
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
I think this is great news for the Bitcoin and its users. Only I would like to ask the source of this news.I am really glad that finally big companies such as samsung would manufacture chips that would help mining efficiency to be better than before. I hope electronics chip manufacturing company like AMD,Intel,Analog etc. would also follow Samsung's step towards to the industry and its development.
Yeah, it looks like they are in favour of bitcoin. If they are bringing out this bitcoin mining hardware it will be definitely be affecting bitcoin's price and popularity positively. Alot of people's negative thinking about cryptocurrencies might get reduced by this. So, I think it is a great step that they have taken and it is surely going to help bitcoin alot.
Samsung is already supporting the idea of blockchain. They are leading the technology, hardware is one of their expertise, manufacturing mining hardware is no surprise.
Samsung is a great company and if this news are true than it is definitely a good thing for bitcoin.
Well for me, Samsung making hardware to be used in mining bitcoins is more of a business strategy of Samsung, there is a high demand for that hardware so they make a supply. It doesn't necessarily means they support Bitcoin. But it is still a good thing for Bitcoin since a lot more people will start to know more about Bitcoin once they launch that product.
It's good news if samsung connects with bitcoin. This way bitcoin has to win and more people will consider it good
"Samsung to support bitcoin"
Now we are at that time that people try and pump the price. They are making chips, but not supporting bitcoin. They dont accept it, they are not donating to a bitcoin charity, they are not paying millions to educate people. Simply making a product that bitcoin users can use.
https://www.coindesk.com/samsung-confirms-its-now-making-cryptocurrency-mining-chips/
Another reason to invest in bitcoin. With samsing, one of the giant companies will surely help rise bitcoin's price in the market. Hopefully their advancement with technology would help speed up transactions with lower cost.Now we are at that time that people try and pump the price. They are making chips, but not supporting bitcoin. They dont accept it, they are not donating to a bitcoin charity, they are not paying millions to educate people. Simply making a product that bitcoin users can use.
https://www.coindesk.com/samsung-confirms-its-now-making-cryptocurrency-mining-chips/
This is amazing news for the cryptocurrency specially in bitcoin currency, we know that samsung industry has the 6th highest global brand value and the world's 2nd largest information technology company. I hope other company will follow samsung industry to support bitcoin and other cryptocurrency.
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
I think this is great news for the Bitcoin and its users. Only I would like to ask the source of this news.
Today I heard that Samsung is going to make bitcoin mining hardware especially Antminer S9 which I heard that they will name it as 'Samsung S9', with this act by Samsung everyone can understand that Samsung is in the favor of bitcoin and they will strongly support bitcoin. Almost all of the Samsung users will then know about this device and so more and more people will then know about bitcoin and the demand and the users of bitcoin will be increased too much.
I think this is great news for the Bitcoin and its users. Only I would like to ask the source of this news. I hope other companies like intel and amd would support bitcoins more even if they already did. I think of all the huge tech companies out there, the 2 companies I have mentioned should be making their own cryotocurrency to buy their own products. Who knows, we may have all the tech companies making their own cryotocurrency.
The more the popular the user is, the more people will know bitcoin and other cryptocurrency. With the news that Sasmung is going to support bitcoin is really a great one to see and hear, because we all know that countries are prohibiting it that might the reason of the value going down.
So happy to hear the news that samsung is going to support bitcoins. This is the start of success of bitcoins. Great decision samsung! And this is big oppurtunith for bitcoins bcoz samsung is known worldwide. People will invest more in bitcoin
This type of news will make two impact from this industry, if they really meant to support btc then it will be good competition having their company to also build the device will make them more popular and it will benefits them as a company, while if this is just another news to hype then it will not create any good impact at all just another speculations that will die after some hype.
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