Samsung To Make Chips That Can Power Bitcoin Mining – Will This Energize Crypto?
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday. The electronics juggernaut is making rapid progress toward finishing the creation of chipsets that could assist the mining of Bitcoin. The company alluded to the new […]
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Samsung is reportedly trialing the production of 3nm foundry processing for chips enabling bitcoin miners to operate faster and with less power consumption.
At a press conference in Daejeon, South Korea, Bitcoin Foundation chairman Peter Vessenes alluded to his speculation that Samsung will eventually benefit from bitcoin mining as the general bitcoin infrastructure grows. The press conference took place during the Daejeon Global Innovation Forum according to the Korea Herald, which quoted Vessenes as saying "Samsung will be biggest beneficiary of the bitcoin market." Vessenes backed up the logic behind his speculation by saying that the most efficient chipmakers make far more money than those with less efficient chips. With Samsung....
Samsung plans for its foundry to manufacture 3nm chips.
The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology.
Samsung Reveals Smart TV With NFT Capabilities
One of the largest electronics manufacturers worldwide, Samsung Electronics, has noticed how popular NFTs are today and the company believes there’s something needed to view these digital artworks. The U.S. Samsung Newsroom published a summary of the company’s latest lineup of....
BitFury Early Gen Units. BitFury has been on a roll this year with over $40 million in venture capital funding, as well as the addition of Jonathan Teo and Dr. Jackson Hu to their Strategic Advisory Board. To top it all off they added President and Chief Strategy Officer for Samsung Electronics Young Sohn to their Advisory Board. BitFury has emphasized that they are not a mining company, but a technology company: BitFury has set their sites on being more than a chip maker. With all this in mind, we were able to ask BitFury CEO Valery Vavilov through email about their next gen Bitcoin ASIC....