SAMSUNG AND BITCOIN !!!!!!!!!
According to The Bell, Samsung would have launched the production of an ASIC processor dedicated to the mining of Bitcoin and other cryptocurrencies. The brand was motivated by the popularity of the public around cryptocurrencies, but also by the important order of a Chinese client still unknown. The incursion of Samsung in this market seems however limited for the moment to this order in particular, the firm still casting doubts on the profitability of the operation. However, TSMC also manufactures processors of this type for its customer Bitmain and indicated that this type of activity could represent up to 90% of its production capacity in the off-peak period. Samsung for its part would have indeed created the chip of any room, according to a particular specifications. Unfortunately, if this kind of chip is particularly successful in the mining, its value remains volatile and subject to the evolution of the currency mined as well as variations in difficulties to undermine. Difficult to get started with a new chip in a market whose most popular currency can win or lose 10% of its value in a week ...