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Author Topic: Samsung has now entered the cryptocurrency world  (Read 4570 times)
jademaxsuy
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July 29, 2018, 02:06:16 PM
 #501

Samsung, one among the finest company getting into the manufacturing of mining equipment makes the users happy as well the information coming at this time really a boosting to the cryptocurrency users. Because, bitcoin has been facing big issues and currently it has gone low to $10000 which none could expected to take place.
So what is the point on bitcoin volatility or its market price about bitcoin mining using samsung smartphones? I am a little bit puzzled because it was stated that bitcoin has facing big issues like market price fall down and here comes a mining equipment on a smartphone could boost market price for bitcoin. I do not how it could be so can please elaborate more on this?
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icreative998
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July 29, 2018, 03:10:22 PM
 #502


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/
I think this is an opportunity for cryptocurrency development. Samsung will focus on helping consumers feel comfortable using the product, so cryptocurrency transactions will soon be popular with Samsung users and many others people
Dmitry.Vastov
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July 31, 2018, 07:15:18 AM
 #503


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/
There are very good news coming from all around the world that many countries and agencies and large companies are now becoming a part of bitcoin and now Brazil and South Korea are the two large countries who has legalised the bitcoin transactions in their nation but inspite of all these developments and acceptance of bitcoin around the world, I am not still satisfied with the the condition of bitcoin as the valuation of bitcoin is still not inflating and still I am not getting sufficient profit from bitcoin.
snuechterlein4
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July 31, 2018, 07:26:57 AM
 #504

They switched to investing in ICX and other altcoins to increase their income. That's pretty good, but the market capitalization of Crypto is still down. I still do not see any good news about Crypto. I'm very worried about that.
angchosenone
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July 31, 2018, 07:29:36 AM
 #505

It's an uplifting news for us, the more organizations that are contending to give programming/equipment the less expensive the costs will get from the opposition. I trust that in the following couple of years, more equipment and programming organizations will enter the business. When they begin acknowledging how much their primary concern is influenced by individuals purchasing their items to mine, they will turn out to be more defensive and utilize their political impact to abridge against crypto enactment. The other advantage is that once these expansive partnerships begin to profit by the crypto business, either specifically through speculation or by implication through offering equipment/programming, they will begin to utilize their campaigning power to push back government endeavors to hurt the crypto network.
sitnibtc
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July 31, 2018, 08:45:43 AM
 #506

One thing is for sure, they are aiming to make more money. They are trying to be the first ones, it's likely that nothing beats the first. Just like bitcoin.
And this is a really good news though as a technology giant they are entering the cryptoworld, im sure other companies will follow.
sajidm
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July 31, 2018, 12:34:39 PM
 #507

I really like the products of samsung specially their smartphones i am really happy that samsung takes part in crypto and this is really a great development for us bitcoin users..
ranman09
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July 31, 2018, 12:39:20 PM
 #508

According to what I read, Samsung only offering this chip to their partner bitcoin mining in China. But I guess this will be that start, On my opinion, if this keeps up as mention above, many competition means cheaper in price. So I think the price of Bitcoin Fees will keep on Dropping and hopefully a little bit faster than before.

This will mean more innovation and features also. As we all know samsung also leads to innovation. It will surely come a time where samsung will show people new ways of bitcoin mining.
karagun125
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July 31, 2018, 12:40:42 PM
 #509

Yes samsung can be one of the smartphone promoter of bitcoins, its smartphones used as a medium for social online marketing and trading of bitcoins. Smartphones are portable that it is compatible to bring with you anywhere and no hustle unlike pc and laptops. As of now samsung is emerging and entering to a crypto world.
zarintasnim
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July 31, 2018, 12:45:57 PM
 #510

Its a really good news for bitcoin lover and also smart phone and tablet lover. Because samsung is the very big company. We can do lot of thing about crypto. I am really happy to sumsung come to cryptoworld. Other company should follow sumsung.

Michael Thomass
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August 03, 2018, 11:12:45 AM
 #511

I think, is it worthy mining with smartphone? But this is a considerable improvement, because the smartphone industry is looking for cryptocurrency.
Joseph Cabrall
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August 03, 2018, 11:13:42 AM
 #512

 Samsung is one of the best company getting into the manufacturing of mining equipment makes the users happy as well the information coming at this time really a boosting to the cryptocurrency users. Because, bitcoin has been facing big issues.
Ghypatt
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August 03, 2018, 11:18:48 AM
 #513

this is absolutely a good news to us since samsung is a respectable company and they coming into crypto adds some form of credibility to those who still don't believe in crypto. We hope to see more of such good news as the year advances and I think it will certainly set the foot of Btc on the good path for bullish run again.

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kelenikels
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August 03, 2018, 11:26:43 AM
 #514


In my opinion, Samsung corporation will not overlook this lucrative pie as technology grows and the value of digital coins is increasing rapidly.This is a good sign that cryto is getting more believes. i suppose that there are more big company join in next short time.
OSEIBOATENG
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August 03, 2018, 12:05:22 PM
 #515

It is a very great issue for the whole crypto world and I think we embrace it. Very soon most of the companies all over the world will be accepting btc and it will be viral.
feny.blackpink
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August 03, 2018, 08:46:10 PM
 #516

of course this is good news. Samsung has begun to implement the use of bitcoin. I hope other companies will follow Samsung's steps in using bitcoin
danice15
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August 03, 2018, 09:06:28 PM
 #517

This is a great news of course. Many of famous personalities or big companies like this already recognizing or joining cryptocurrency. It will be a big impact specially samsung is one of the most popular company in the world. This is a good sign were in crytocurrency world is already expanding. I hope we can purchase items from samsung using our coins 😂
trinhvanthang5
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August 04, 2018, 08:32:35 AM
 #518

That is of course, because the money market is still a trend of the future
Patricia Joness
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August 04, 2018, 03:42:04 PM
 #519

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.
John Williamss
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August 04, 2018, 03:43:12 PM
 #520

I think that this is really a good news for us and also in the community of Bitcoin, as they will make a mining rig for Samsung and in our population now we have a lot of people who are using Samsung phones which really can benefit them. Also, this is a start and soon big companies like Apple, Nokia, and other phone companies will start making one too compete with there competitors. This is just nature in a business and this really will benefit us and bitcoin will be recognized more and more.
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