Samsung has started production phase for ASIC chips for cryptocurrency mining

posted 23 days 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