Samsung, the largest company in South Korea, has begun the production of ASIC (application-specific integrated circuit) hardware with Taiwanese manufacturer TSMC, according to the report from The Bell. Samsung, the tech titan, is involved in this collaboration as a foundry operator.
“We are in the middle of a foundry business that is being supplied to a virtual money mining company in China,” Samsung Electronics said.
Last year, Samsung partnered with a Chinese bitcoin mining equipment manufacturer. Now, when the development of its ASIC chips is finished, China will be the first purchaser of cryptocurrency mining equipment. Despite
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