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

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Samsung is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. Some assume it may be a bitcoin mining rig manufacturer.

It’s possible that Samsung has already been creating bitcoin-friendly ASICs without anyone knowing about the production. For instance, while TSMC has supplied chips to companies like Bitmain, the Taiwan firm doesn’t formally announce these products.

Local reports from South Korea in January 2018 say that Samsung was already working with a Chinese company by creating ASIC chips for mining digital currencies. “Samsung is operating a foundry that supplies a Chinese cryptocurrency mining firm with mining equipment and ASIC chips. Since Samsung has just begun its cryptocurrency mining venture, it is unsure of the revenues it can generate from it,”

 

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