Samsung now making chips for Bitcoin mining hardware

January 31st, 2018   decode   Android 7.1

Even Samsung‘s foundries have been roped into making Bitcoin mining hardware now. The design for the ASIC (Application-Specific Integrated Circuit) was completed last year and it went into mass production this month, according to The Bell. These ASIC chips are headed to an unnamed company in China.

An analyst from Samsung Securities stated that producing ASICs takes up only a small portion of the capacity of the company’s foundries. So this shouldn’t affect the production of other chips.

Still, this is a win for Samsung. For example, Bitmain (one of largest makers of Bitcoin mining…

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