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Tag Archives: Samsung

Samsung Electronics Co | Now Exploring Blockchain Technology

One of the world’s largest makers of semiconductors and smartphones is considering blockchain technology for their global supply network, Bloomberg reported this morning. Samsung SDS, Samsung’s IT subsidiary, is looking to the technology to cut costs. Song Skwang-woo, Samsung’s VP and blockchain chief, thinks that adding blockchain to its current systems could cut costs up to 20%. The South Koreans ...

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Samsung Eyes Blockchain Technology to Reduce Supply Chain Overhead Costs

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced the world to how blockchain ...

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Samsung Electronics Turns to Blockchain to Track Global Supply Chains

Join our community of 10 000 traders on Hacked.com for just $39 per month. Electronics manufacturing giant Samsung is considering a blockchain platform to manage and keep track of shipments of its vast global supply chain network. In a significant endorsement of blockchain technology, Samsung Electronics – the world’s biggest chipmaker and smartphones manufacturer – is considering a broad implementation ...

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Samsung Is Building ASIC Chips for Halong Mining

Seoul-based multinational conglomerate Samsung has confirmed that it is providing ASIC chips to mine bitcoin, ether and assorted cryptocurrencies for hardware manufacturer Halong Mining. Prior to entering the mining space, Samsung was producing “high-capacity memory chips” for GPUs, which are predominantly used to handle computer graphics but also possess mining capabilities. Its partnership with Halong is expected to bring heavy ...

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Samsung Produces ASIC Chips For New Halong Bitcoin Miner

Crypto mining distributor MyRig recently revealed that electronics giant Samsung supplies the ASIC chips for Bitcoin (BTC) miners made by Halong Mining, according to a tweet from MyRig April 10. On Tuesday, MyRig tweeted an image of a company representative holding a plate of semiconductor material used in the production of integrated circuits. The firm said that the piece of ...

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Samsung is Developing ASIC Chips for Halong Mining, Distributor Claims

Join our community of 10 000 traders on Hacked.com for just $39 per month. Samsung is producing ASIC chips for upstart mining hardware manufacturer Halong Mining, at least according to one mining rig distributor. On Tuesday, online mining rig retailer MyRig tweeted a picture of a wafer, a thin slice of semiconductor material used in the fabrication of integrated circuits. ...

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Samsung Enters Cryptocurrency Mining Game, Potentially Decentralizing Ecosystem

Samsung has entered the cryptocurrency mining market, which could lead to decentralization of the space. As originally reported by TechCrunch, electronics giant Samsung has confirmed that it has begun to manufacture chips for ASICs, specialize cryptocurrency mining machines. The introduction of a new heavyweight brings diversity into what is still an emerging market with large influence by just a few ...

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Samsung ASIC Chips – Positive News for Miners | News

Technology giants Samsung are said to be entering the cryptocurrency world in a move that has positive ramifications for miners at large. As reported earlier this week in Korean news outlet The Bell, the South Korean conglomerate will produce Application-Specific Integrated Circuits (ASIC) processing chips in its own foundry in a deal with Taiwanese manufacturer TSMC. Ironically, TSMC provides the ...

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Samsung Enters Crypto Mining Market, “Mass Producing”… | News

Samsung announced a deal on Monday, Jan. 29 to manufacture ASIC mining hardware with Taiwanese manufacturer TSMC. “Mass production” of the ASIC chip has already begun in January, according to Korean news outlet The Bell. An ASIC chip, which stands for Application-Specific Integrated Circuit, is a specialized piece of hardware designed to only mine cryptocurrencies based on a specific hashing ...

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