Samsung is making chips for cryptocurrency mining

Samsung is making chips for cryptocurrency mining
Samsung’s chip-making division is diving into the lucrative space of cryptocurrency mining. Korean news outlet The Bell broke the news Tuesday, and Samsung confirmed to TechCrunch Wednesday that it’s indeed making crypto-mining chips.  “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips,” the company told TC without disclosing any further details.  This could make Samsung a very serious competitor to Chinese companies such as Bitmain, Canaan and t…

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