Samsung has now entered the cryptocurrency world

[blockdragon]

if the market takes the involvement of the giant companies than we can say that the mass adoption has already begun, if the mentioned giants enter the market they obviously are there to stay.

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[paparexon0414]

Not sure if they are also into the hype of cryptos. For some time, Apple company is also wantsnto be part of this hype. I am not sure if they pursue this idea but as big company like Samsung, i guess they are finding new ways tonpromote their product. Its not really a bad idea, in fact they can use it as their strength because they are well established company. Just hoping it will not contribute to the negative status of the cryptos.

[Amokomowo2005]

This is good news if the news is genuine, believe so many other investors and company's  will join the revolution too by accepting it as payment.

[Farhan786]

This is good news. As part of the cryptocurrency, Samsung has a very positive impact on the development of Bitcoin. More companies that are competing to provide software/hardware the cheaper the prices will get from the competition. This is a welcoming development.

[Madara_Uchiha]

Samsung is very closely cooperating with crypto-currencies. In addition to bitcoin, you can pay for the Samsung technique with Ethereum, Dash, Nem, Steem, Litecoin and Ripple. So far, only residents of Tallinn, Riga, Vilnius and Kaunas can take advantage of this opportunity.

[Rumayanhi]

I think this will be good news for bitcoin users and also for people who hold bitcoin. I think if Samsung will do it officially for miners who invest their money in the telephone, the coins must increase and demand can also double. We hope that it can be safe and good for the miners.
but what is my question is what will be the effect on the Bitcoin market? Now the value of cryptocurrency will drop according to their needs.

[mockcooleat]

This is why Samsung has been one of the top company that emerged for the past 5 years, they always evolved and always find way to be ahead of everybody within their competition. What I think Samsung is doing is they see the future of bitcoin so they use that opportunity to be first of those few firms that take bitcoin and believe it will be the future for digital currency. It is a good news for us, this means more and more mega companies are trusting and investing on bitcoin.

[giantrobot]

This is a good news. Samsung's investment in Bitcoin will boost Bitcoin prices, which will further boost Bitcoin's ability to make Bitcoin owners feel more secure. In addition, Samsung is a big investment company in Bitcoin that will make the country feel confident in Bitcoin, which will circulate digital money.

[Malintha1996]

The development in enthusiasm in mining is very promising for the future of crypto currencies. As the news says, the chips for mining is not for public yet,but the devices that they release capable and armed with the optimal requirements for mining.This is certainly good news for miners.

[mensahkkofie]

These big corporations are trying to centralize cryptocurrency and you can bet they will try to obsolete the currencies that are not in their control even if slowly. So of course samsung will make many users to be able to compete in the business cryptocurrency.

I don't think corporate organizations like Samsung will centralise the crypto market. The market is growing almost everyday with the introduction of new Cryptos. I think huge companies such as Samsung can make the world of crypto even stronger.

[Heleacce]

This is very good news for us, and even if the current prices don't represent that we should be more confident about our investments. The more big players are in the better for us.

[Sofiyah]

woo there have been many large companies that are starting to accept bitcoin, such as Samsung which creates minning software for bitcoin, bmw and kfc that accept bitcoin. the longer bitcoin is increasingly accepted, hopefully this way many countries will review bitcoin which will also accept bitcoin.

[tazmannia]

I hope that the chips that will be produced by Samsung, together with the Russian company will not be expensive to purchase, thus it will become more accessible to users who want to support the growth of digital cryptocurrencies. I'm not talking, only about bitcoin, I'm talking about all the crypto-coins that are mined by mining.

[nowlscor18]

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 it is because of the fame from the bitcoin itself. They were motivated to do something more than phones, etc.
I hope this will not be a problem to us bitcoin users.

[sinkfish]

South Korea is one of the biggest crypto market.  No surprise that Samsung will invest in cryptocurrency. More giant corporations will follow soon.

[Menawi12]

I hope that the chips that will be produced by Samsung, together with the Russian company will not be expensive to purchase, thus it will become more accessible to users who want to support the growth of digital cryptocurrencies. I'm not talking, only about bitcoin, I'm talking about all the crypto-coins that are mined by mining.

If demand in market increase, i am believe samsung will producing with many company in the world. More company producing chipset for mining, its good for miner because they have many option to reducing cost

[Samaaliu]

This is a very good news for cryptocurrency world. I wish other electronic giants will do the same so as to make cryptocurrency more popular.

[Allenw]

Yes, absolutely this is great news. Samsung is a very popular electronics manufacturer. Now they are coming towards cryptocurrency, that means they have some plans about cryptocurrency.

[jerick6]

That would be the best news I've heard today. It is the sign of growing popularity of bitcoin worldwide

[Saveplus]

Samsung is one of my favorite brand of my phone ,I dont want to get another when buying phone.And its good to hear that they adapt bitcoin in their business.It was a great sign for its popularity that can be known all over the world.