Cryptocurrency miners tap Samsung for custom ASICs
by from Techreport on (#3F5Z8)
Earlier this year, murmurs began to circulate that Samsung was producing ASICs (application-specific integrated circuits) specifically for use in mining crypto-money, reportedly thanks to a rather large order from a Chinese client. A Samsung spokesperson has now confirmed the rumor to TechCrunch:
Samsung's foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. ...