South Korean electronics king Samsung is the latest chip manufacturer to enter the Cryptocurrency mining hardware market. The company’s technical deptt. has reportedly already began producing ASIC chips for a Chinese client earlier this Jan.
As per reports, Samsung Electronics finished the process for the development of semiconductor Application Specific Integrated Circuit for Cryptocurrency mining last year. A Samsung Electronics spokesperson confirms that We are in the middle of a foundry business that is being supplied to a virtual money mining company in China”.
