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Jul 04,2022

Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

The hardware monster and biggest organization in South Korea, Samsung, is amidst making 3-nanometer (3nm) semiconductors for a Chinese application-explicit IC firm, sources have said. The new chip configuration has caused hypothesis among the crypto local area that it's conceivable Samsung might be making application-explicit incorporated circuits (ASICs) for bitcoin diggers.

Sources Say Samsung to Start 3nm Process This Week, Crypto Community Believes Chinese IC Firm May Be a Bitcoin Mining Rig Maker

There is hypothesis that Samsung is making ASICs for bitcoin mining and the BTC mining rig producer Microbt might be a future client. The sources originate from distribution which makes sense of that the hardware organization expects to preliminary the foundry creation of the 3nm chips this week.

Different reports have noticed that Samsung implied about the new chips in a 2022 profit call. The organization has additionally been engaged with non-fungible token (NFT) resources this year and presented brilliant TVs that help NFT foundation.

The report originating from takes note of that an anonymous Chinese organization zeroed in on ASICs will be Samsung's most memorable 3nm chip client however Qualcomm has moreover "reserved a spot for the cycle."

Tales about Samsung making 3nm chips explicitly for bitcoin mining have fanned out like quickly via web-based entertainment. On the off chance that Samsung is making ASICs for bitcoin mining it will follow the lead of several contenders like Intel and TSMC.

Taiwan Semiconductor Manufacturing Company (TSMC) has been delivering ASICs crypto excavators can use for a really long time, and Intel as of late hopped into making semiconductors for bitcoin mining this year.

The Samsung hypothesis concerning the organization building bitcoin-accommodating ASICs has been distributed by various crypto news distributions, and the first source, refers to individuals acquainted with the matter.

It's conceivable that Samsung has proactively been making bitcoin-accommodating ASICs without anybody being familiar with the creation. For example, while TSMC has provided chips to organizations like Bitmain, the Taiwan firm doesn't officially declare these items.

Nearby reports from South Korea in January 2018 say that Samsung was at that point working with a Chinese organization by making ASIC chips for mining computerized monetary standards.

"Samsung is working a foundry that provisions a Chinese digital currency mining firm with mining gear and ASIC chips. Since Samsung has quite recently started its digital currency mining adventure, it is uncertain of the incomes it can create from it," the neighborhood media revealed at that point.

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