Samsung has now entered the cryptocurrency world

[reverseflash]

The competent company always tries to be in a trend. Especially if this company makes modern electronics.

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[boddy.dy]

This is great for each and every one that Samsung has now entered the cryptocurrency world. I am glad that Samsung did this because this is a good decision for them, I am pretty much sure that Samsung will be more strong and profitable company now. For the bitcoin users this will surely affect a lot, because this will surely increase the capability of all crypto currency. With this also the numbers of users will also increase because for sure more people will be attracted with crypto currency because of its additional capability. We just hope that this will bring all the good things for us and not the negative effect of it.

[stayeduptolate]

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/

Obviously this is a very good news for all the bitcoin users that such a large tablets, smartphone producer is now thinking to be a part of bitcoin family and if these two companies collaborate then there will be very huge profit to both of them and Samsung is thinking to start its own miner and obviously it is help bitcoin to inflate its valuation further and then more and more people will be encouraged to invest into bitcoin and thus step by step bitcoin will become the central currency world wide.

[shadyrifles]

Samsung has already begun producing ASIC chips; the produced chips will be delivered to a private company.

[tanjimaarfin23]

I know they are planning to make mining hardware that is specially designed only for cryptocurrency mining (preferably altcoin mining) for cryptocurrency miners stop buying graphics card (which is originally designed for gaming) so that the price of GPUs will be back to normal again and it will be good news for people who wants to build a gaming pc.

[lobanoval]

It is certainly a very god news for bitcoin users. This will not only push up the prices but will encourage other companies to take the same route.

[Cutieh01]

I'm a big fan of Samsung technology and it's pleasant to hear that different companies such as mentioned tries to enter the world of cryptos.
Sadly, scaling is our problem. Improvements will attract more people and will increase workload of block chain proportionally.
I just hope that resolution to the scaling problem comes first and it just the aim of mining.

But good news though

Since Samsung has now entered the cryptocurrency world I think the other competitor in smartphone technology will also enter in cryptocurrency world, because almost worldwide are now embracing cryptocurrency. Everyone are now looking for a better and excellent mining software.

[komrobert]

That mining chips from Samsung will cost twice as much as the rest, will be medium quality and maybe will explode. I don't trust Samsung.

[sunny104]

Bitcoin must be happy news for users that Samsung has actually entered the Crypto and received similar identities of their company and they have to submit it to other companies.

[onnz423]

It doesn't really matter what innovations Samsung comes up with for their mining software, the pace of difficulty seems to outpace the improvements in hash rate, so there will be no benefit in terms of throughput. The only thing this will do is change the game for the hashing race, so in reality there's no net gain, other than increased lining for Samsung's pocket.

Surprised they haven't jumped on the bandwagon and produce a blockchain phone like all the other tech savvy startups these days. Wish they would focus on improving the software of their mobile devices than sticking their nose into yet another business.

[bitcoinjasensatom]

That mining chips from Samsung will cost twice as much as the rest, will be medium quality and maybe will explode. I don't trust Samsung.

I think Samsung will do thier best to produce a good quality of mining chips, eventhough sumsung undergo failure from the fast, I know that they don't take it as failure but a lesson to do best on the next innovation. And I am sure that other company of smartphones will also enter in crypto.

[Aleth]

http://i68.tinypic.com/33o5d2c.jpg

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 would be great and good news if this big companies will embrace bitcoin as one of their mode of payments. It will be digitally purchased what a mark for bitcoin. and expect more big companies to be involve in Bitcoin.

[Radio-Active]

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/

if some big company like samsung create some hardware to improve mining performance, i believe later will be there other companies as well.
big companies already see the potential of cryptocurrency in our world. Later if many has joined together in crypto, everyone in the world will
use cryptocurrency as their daily

[ekeh]

This is a good news to hear in crypto world, just a a matter of time, life will be easy, because of high technology usage school paper money we soon become old school. If many other industrial house use could follow, I think is the best option. Good job at Samsung products

[molenracing]

Samsung is a great company, if this is true then this is very good news. because every Samsung smartphone users will recognize Bitcoin and Cryptocurrency. and will certainly cultivate an interest to enter this world Cryptocurrency.

[dificanovi]

if samsung has received crypto currency it will affect the bitcoin price. if a large company like samsung has received crypto currency then bitcoin and altcoin prices will be more expensive.
I am very happy with this news, I am sure in the near future bitcoin prices will recover.

[dimonstration]

It doesn't really matter what innovations Samsung comes up with for their mining software, the pace of difficulty seems to outpace the improvements in hash rate, so there will be no benefit in terms of throughput. The only thing this will do is change the game for the hashing race, so in reality there's no net gain, other than increased lining for Samsung's pocket.

Surprised they haven't jumped on the bandwagon and produce a blockchain phone like all the other tech savvy startups these days. Wish they would focus on improving the software of their mobile devices than sticking their nose into yet another business.

they just want this for some people to availed for cause we all know the benefit of mining other than work in forum or trade your coin for this is just on how they may able to take this as their new attraction for all.

[Nahl]

samsung is very smart to utilize the opportunities that while cryptocurrencies users in this world has been increase so they decide to entering crypto world with made mining hardware and if they product have high of quality i'm pretty sure people will buy their products so i think this is about how to take benefit from popular things and samsung understand about that  

[bishnoi]

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. Its good for bitcoin as well now competition will be more between the companies.

[Elerntta]

Such news suggests that the cryptocurrency is developing at a huge pace, and it certainly adds confidence.