The electronics big and largest company in South Korea, Samsung, is in the midst of making 3-nanometer (3nm) semiconductors for a Chinese language application-specific IC agency, sources have mentioned. The brand new chip design has brought on hypothesis among the many crypto neighborhood that it’s doable Samsung could also be creating application-specific built-in circuits (ASICs) for bitcoin miners.
Sources Say Samsung to Begin 3nm Course of This Week, Crypto Group Believes Chinese language IC Agency Might Be a Bitcoin Mining Rig Maker
There’s hypothesis that Samsung is creating ASICs for bitcoin mining and the BTC mining rig producer Microbt could also be a future buyer. The sources stem from thelec.internet publication which explains that the electronics firm goals to trial the foundry manufacturing of the 3nm chips this week.
Different studies have famous that Samsung hinted in regards to the new chips in a 2022 earnings name. The corporate has additionally been concerned in non-fungible token (NFT) property this yr and launched sensible televisions that help NFT infrastructure.
The report stemming from thelec.internet notes that an unnamed Chinese language firm targeted on ASICs shall be Samsung’s first 3nm chip buyer however Qualcomm has additionally “made reservations for the method.”
Rumors about Samsung creating 3nm chips particularly for bitcoin mining have unfold like wildfire on social media. If Samsung is creating ASICs for bitcoin mining it’s going to comply with the lead of a few rivals like Intel and TSMC.
Taiwan Semiconductor Manufacturing Firm (TSMC) has been producing ASICs crypto miners can use for years, and Intel only recently jumped into creating semiconductors for bitcoin mining this yr.
The Samsung hypothesis regarding the firm constructing bitcoin-friendly ASICs has been revealed by a lot of crypto information publications, and the unique supply thelec.internet, cites folks aware of the matter.
It’s doable that Samsung has already been creating bitcoin-friendly ASICs with out anybody realizing in regards to the manufacturing. As an example, whereas TSMC has provided chips to firms like Bitmain, the Taiwan agency doesn’t formally announce these merchandise.
Native studies from South Korea in January 2018 say that Samsung was already working with a Chinese language firm by creating ASIC chips for mining digital currencies.
“Samsung is working a foundry that provides a Chinese language cryptocurrency mining agency with mining tools and ASIC chips. Since Samsung has simply begun its cryptocurrency mining enterprise, it’s uncertain of the revenues it may generate from it,” the native media reported on the time.
What do you concentrate on the sources that say Samsung is creating 3nm ASIC chips? Do you assume the electronics big could also be creating bitcoin mining chips? Tell us what you concentrate on this topic in the feedback part beneath.
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