Archive | Asic Chips

Samsung Posts Record Breaking Quarter Attributed To Crypto Mining

Following Samsung’s expansion into producing ASIC chips utilized in Bitcoin mining, the multinational conglomerate has reported a record performance for operating income. This is the fourth straight quarter of record operating performance for the company, while Samsung has posted an operating profit of USD 14.45 billion in Q1 this year. The vice president of investor relations, […]

Samsung Implents Blockchain and Produces Bitcoin Miners, Focuses on Crypto

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced… […]