Samsung has started production phase for ASIC chips for cryptocurrency mining

posted 9 months ago
The Bell (Korean news website) reports that Samsung has began producing chips for Bitcoin mining this month.

The report says that Samsung had signed a contract with a Chinese hardware company related to Bitcoin mining, and has began production already on the chips - citing an unidentified Samsung official.

It also goes on to say that Samsung had also completed development of ASIC semiconductors for Bitcoin mining last year.
Tags: bitcoin, news