Samsung
are rumoured to be fabricating cryptocurrency mining ASIC chips for
an unnamed Chinese distribution partner. Fear not, however, as gamers
are expected to be left unscathed by this supposed crypto-mining
deal.
The news
comes from Korean news outlet The Bell, who claim the tech giant
concluded a deal for production of Bitcoin mining specific ASIC
(application specific integrated circuits, if you must know) chips
last year for production this January. This ASIC silicon is being
built to rapidly churn out the parallel-heavy algorithms required by
certain cryptocurrencies, mostly focusing on the coin of the moment:
Bitcoin.
Samsung
have since confirmed their new venture into the booming
cryptocurrency tech market in a statement made to TechCrunch:
“Samsung’s
foundry business is currently engaged in the manufacturing of
cryptocurrency mining chips,” Samsung says. “However we
are unable to disclose further details regarding our customers.”
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