Samsung starts production of chips for bitcoin mining
South Korean electronics giant Samsung is starting trial production of three-nanometer (3 nm) chips that can be used for bitcoin mining. 3nm chips are compatible with special integrated circuits (ASICs), machines that are known to be the most efficient for bitcoin mining.
Samsung's ability to produce 3nm chips is likely to eliminate some of the weaknesses of bitcoin mining, for example, reduce power consumption by 30%. In addition, the chips can increase the mining speed by about 15%, as well as increase the density of transistors by 33%.
It is known that Samsung's first client was a Chinese ASIC manufacturing company known as PanSemi, which develops ASICs for bitcoin mining. Similarly, Qualcomm - Samsung's largest customer - has also said it is ready to take advantage of the new manufacturing process and has already reserved chips.
Image: Samsung
https://coin-signal.com/cryptonews/samsung-starts-production-of-chips-for-bitcoin-mining/
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