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Author Topic: [2017-11-01] Samsung Creates Bitcoin Mining Rig With 40 Used Galaxy S5 Phones  (Read 1608 times)
nizamcc
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November 01, 2017, 12:40:03 PM
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Don't you think it will be awesome when Samsung starts to use as well as invest its time and money into Blockchain?
They haven't said anything officially yet, but I think they are doing something behind the scenes and will surely come up with a solution for small level miners to start using their smartphones in lieu of desktops that are completely inefficient whether to be used for mining purposes or even monitor said activities.

Quote
Samsung built a bitcoin mining rig made out of 40 old Galaxy S5 devices that run on a new operating system for the company’s upcycling initiative, according to Motherboard. The company’s C-Lab developed the mining rig and other uses for old phones, which were on display at the company’s recent developer’s conference in San Francisco. The company displayed old Galaxy phones and assorted tablets stripped of Android software repurposed into various objects.

The company noted in an information sheet that the eight Galaxy S5 units are capable of mining bitcoin at greater power efficiency than a standard desktop computer. Desktops, however, are not currently standard bitcoin mining tools. The company declined to answer questions about the mining rig.

More here: https://www.cryptocoinsnews.com/samsung-creates-bitcoin-mining-rig-with-40-used-galaxy-phones/
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