Samsung ASIC Chips - Positive News for Miners

[erfan55]

Technology giants Samsung are said to be entering the cryptocurrency world in a move that has positive ramifications for miners at large.

As reported earlier this week in Korean news outlet The Bell, the South Korean conglomerate will produce Application-Specific Integrated Circuits (ASIC) processing chips in its own foundry in a deal with Taiwanese manufacturer TSMC. Ironically, TSMC provides the ASIC chips used in Bitmain’s Antminers, but it’s new partnership with Samsung could well provide the first real competitor to Bitmain’s chip manufacturing ventures.

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https://cointelegraph.com/news/samsung-asic-chips-positive-news-for-miners

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[leowonderful]

The chips are most likely going to Ebang's new SHA256 miner, nothing amazing going on here. They advertised a new miner on the 10nm process from Samsung and that's most likely where those chips will be going. It'll be interesting seeing what the price of the miner will be, and if Ebang will actually do a good job with their miner and not shit the bed again.

[xxcsu]

Another topic about the same object ... HERE

If SAMSUNG ENTERS ‘MASS PRODUCTION’ OF ASIC MINERS that would be a mess , and bitcoin ASIC miners going to have the same situation just like what happened with D3 Dash miners ...
If any company starting to flood the market with ASIC miners without limiting the sales, thats sooner or later going to kill the mining profitability ...
Only the ASIC maker company going to have a big profit from selling hardware ... Miners going to generate pennies ...

[QuintLeo]

It seems very odd that the original article talks about a deal between Samsung and TSMC - since both operate their own foundries.

I suspect some information didn't get turned up that would shed REAL light on whatever is actually happening.

[btcbanana]

Ebit Miner E10 DW1228 Chip is made by Samsung

[snowflakeofeng]

I have heard about this. Good stuff as large companies are investing into something we are afraid will be eventually banned. If big hardware manufacturers bet for cryptocurrencies then besides the fact it will become a serious business the technology is here to stay