Samsung is making chips for cryptocurrency mining

TwitterFacebook

Every product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work.

Samsung’s chip-making division is diving into the lucrative space of cryptocurrency mining.

Korean news outlet The Bell broke the news Tuesday, and Samsung confirmed to TechCrunch Wednesday that it’s indeed making crypto-mining chips. 

“Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips,” the company told TC without disclosing any further details.  Read more…

More about Samsung, Bitcoin, Chips, Mining, and Cryptocurrency