Samsung, an electronics giant and Korea’s largest company, is in the process of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC company The company is in the process of creating a 3-nanometer (3nm) semiconductor for a Chinese application-specific IC company, sources said. The new chip design has triggered speculation among the crypto community that Samsung may be creating application-specific integrated circuits (ASICs) for bitcoin miners.
Sources say Samsung will start a 3nm process this week, and the crypto community believes the Chinese IC company could be a bitcoin mining rig maker
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- There is speculation that Samsung is creating an ASIC for bitcoin mining and may be aBTC mining rig manufacturer; BTC mining rig manufacturer; Microbtis a future may be a customer. This source is from a publication onthelec.netwhich explains that electronic companies are aiming to trial foundry production of 3nm chips this week.
- Anotherreportnotes that Samsung has hinted about new chips in 2022 revenue phones. The company is also engaging in non-fossil token (NFT) assets this year and introducing smart TVs that support NFT infrastructure.
- A report originating on thelec.net notes that an unnamed Chinese company focused on ASICs will be Samsung’s first 3nm chip customer, but that Qualcomm also has “process reservations.”
- Rumors of Samsung creating a 3nm chip specifically for bitcoin mining have spread like wildfire on social media (*40). If Samsung does create an ASIC for bitcoin mining, it will follow several competitors like Intel and TSMC.
- Taiwan Semiconductor Manufacturing Company (TSMC) has been making ASICs that crypto miners can use for years, and Intel just jumped into making semiconductors for bitcoin mining this year.
- Samsung speculation about the company building a bitcoin-friendly ASIC has been publishedby many crypto news publicationsand the original source thelec.net cites people familiar with the matter.
- Samsung may already be manufacturing bitcoin-friendly ASICs without anyone knowing. For example, TSMC supplies chips to companies like Bitmain, but the Taiwanese company has not officially announced these products.
- According to local reports from South Korea in January 2018, Samsung was already working with Chinese companies by creating ASIC chips for mining digital currencies.
- “Samsung operates a foundry that supplies mining equipment and ASIC chips to Chinese cryptocurrency mining companies. Samsung is just starting its cryptocurrency mining venture, so we don’t know the revenue it will get from it,”local media reported at the time,
What do you think about sources saying that Samsung is creating 3nm ASIC chips? Do you think the electronics giant could be creating bitcoin mining chips? Let us know what you think about this subject in the comments section below.
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