[News] Samsung Enters Volume Production of a Killer Crypto-mining ASIC

[StyM]

https://www.techpowerup.com/241117/s...to-mining-asic

One of the world's largest SoC, DRAM, and NAND flash makers, with its own semiconductor fabs, Samsung, is eyeing itself a large slice of the crypto-currency mining craze. The company reportedly entered volume production of a highly efficient crypto-currency mining ASIC, for an unnamed client from China. The client has placed a gargantuan order for crypto-coin mining ASICs contract-manufactured by Samsung, which appears to be targeted at Bitcoin, for now.

China's largest mining ASIC solutions providers, Bitman and Cannan, have similarly contracted TSMC to manufacture mining ASICs. An ASIC (from a mining context) is a single-chip solution that combines a CPU, a SIMD parallel-processing component tailored for mining, memory, and storage. It has infinitesimally smaller PCB, power, and thermal footprints compared to PCs with GPUs, and can be deployed in extremely large numbers for mining on an industrial-scale.

[dengyong]

I thought the Chinese government was shutting down crypto currency mining in China.

[Eson]

Selling crypto mining hardware is probably fine and I guess they can get permission to "test" the miners before shipping.

[turbox997]

I thought the Chinese government was shutting down crypto currency mining in China.

From what I understand, Bitmain was going to move operations to Canada:

https://www.coindesk.com/report-bitm...ing-expansion/

[Revv23]

Cool maybe in a few years I'll be able to upgrade my r290!

LOL