Samsung is making processors solely for cryptocurrency mining

Samsung is making processors solely for cryptocurrency mining

6 years ago
Anonymous $v9r5mEH86V

http://www.techradar.com/news/samsung-is-making-processors-solely-for-cryptocurrency-mining

Thanks to the cryptocurrency craze, the cost of graphics cards has inflated up to three-times their retail price whiles reducing inventories to all time lows month over month. But relief for PC gamers could be coming soon as Samsung aims to build new chips specifically for mining.

Samsung confirmed that its foundry business is ‘engaged the manufacturing of cryptocurrency mining chips' with TechCrunch. Aside from the scant confirmation, a separate Korean news report from The Bell suggest that the company will produce application-specific integrated circuits (ASIC) designed for single computational tasks.