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Topic: The effects of Samsung getting into ASIC mining - page 2. (Read 269 times)

legendary
Activity: 1540
Merit: 1016
So many people will be able to buy these powerful miners, the difficulty and the price of Bitcoin may rise too.
jr. member
Activity: 56
Merit: 115
Lowest EVER interest lending! (Use escrow always)
I feel like this is the beginning of the most pitiful waste of human resources since WW2.
member
Activity: 276
Merit: 23
When I read that Samsung was going into ASIC mining machines I had my doubts, but now the news are all over the place. Do you think that this will concentrate mining into fewer hands or it could possible make more accessible the purchase of ASIC mining equipment? Will it centralise or decentralise? What is going to be the community´s response?

Could this be the feared "Ethash ASIC"?

These are some news related to this topic, although they are quite non-specific as they say "machines to mine bitcoin or ethereum" which makes little sense.

https://www.theverge.com/2018/1/31/16954366/bitcoin-cryptocurrency-mining-asic-chips-samsung
http://money.cnn.com/2018/02/01/technology/samsung-cryptocurrency-bitcoin-mining-chips/index.html
https://www.engadget.com/2018/01/31/samsung-asic-cryptocurrency-mining-chip/
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