The mining boom continues to be high fever, and the blockchain hardware field has received much attention. Samsung is about to jump on the blockchain to produce mining chips for Chinese mining equipment suppliers.
Samsung may be the latest technology giant to jump on the blockchain. According to reports, the company has begun to produce ASIC (Application Specific Integrated Circuit) hardware dedicated to bitcoin and cryptocurrency mining. According to a report by the Korean newspaper "The Bell" (Korean report), the deal will start in January, Samsung Electronics will produce this mining chip for an unnamed Chinese mining equipment supplier, and Chinese partners will distribute it. These chips.
The report also pointed out that the technology giant is ready to begin mass production of these chips by the end of January. Samsung has entered the production phase of ASIC miners and mining equipment dedicated to bitcoin and cryptocurrency mining. This is unprecedented. The outside world believes this will provide Bitmain with its first real competitor.
Although the move may be unexpected, the Korean giant has shown interest in entering the blockchain hardware field. In fact, Samsung demonstrated the concept of an experimental mining device built on 40 old Galaxy S5 phones last October. A few months later, the company reportedly signed an agreement with the Russian bitcoin mining hardware company Baikal, Samsung will provide ASIC chips.
Such development will undoubtedly tap into the hardware space and encourage competitors Canaan CreaTIve and Bitmain (both of which get chips from Taiwan's TSMC) to step up their efforts.
Charge Controller Solar,Solar Street Lamp Charging Controller,Pwm Solar Charge Controller,Solar Charging Controller Lifepo4
GuangZhou HanFong New Energy Technology Co. , Ltd. , https://www.gzinverter.com