According to coindesk reports Samsung has started production of Bitcoin mining chips with unidentified Chinese mining company. The chips called application-specific integrated circuits (ASICs).
This news was reported by South Korean news outlet The Bell yesterday. And another South Korean news outlet reported that Samsung had partnered With a Russian bitcoin mining company which was Baikal.
If Samsung enter the mining it will be a serious competition to the existing industry leader,china-based Bitmain , which hold over 65+ in market share..
but the level of mining goes extreme .!!
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