Samsung and Cryptocurrency Mining?

I came across an article posted 2 hours ago from Quartz, qz.com, that has obtained confirmation that Samsung has started production on chips that are specifically designed to mine cryptocurrency. The company made a public statement about their Q4 revenue and "hidden"within was this:
"In the first quarter, earnings are expected to rise on the ramp-up of 2nd generation 10nm process products for this year’s flagship smartphones and growing demand for cryptocurrency mining chips."
With all of the current FUD (Fear, Uncertainty, Doubt) floating around in MSM (Mainstream Media) this development has to make you wonder. Is the U.S. government purposely trying to scare off investors? If so, why? Please, do not even think for a second that I would fall for the FUD. This announcement is huge in my opinion. The blockchain is slowly, but, surely changing the world as we know it.
Quartz- https://qz.com/1195205/samsung-confirms-it-is-making-asic-chips-for-cryptocurrency-mining/
Follow me on Twitter @AltLedger
Sort:  

Hello and Welcome to Steemit!
I followed you if you would like to then follow me back😀

No problem! Hope you enjoyed the information provided in this article!

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.040
BTC 94127.71
ETH 3400.37
USDT 1.00
SBD 3.38