Squire Mining Ltd. has announced Samsung as the manufacturer for its ASIC chips for Bitcoin mining. The Canadian based company also selected Gaonchips as the firm responsible for its cryptocurrency mining chipset.
Squire Partners with Gaonchips and Samsung
According to a press statement published by the company, the manufacturing will take place in South Korea. A portion of the announcement reads:
On August 1, 2018, we announced that Squire had engaged an undisclosed arm’s length design fabrication firm to perform the back-end design, testing, and initial mass production run of our next generation ASIC chip for mining Bitcoin Cash, Bitcoin, and other associated cryptocurrencies. We are delighted that we are now able to disclose Gaonchips as our design house and Samsung Electronics as our foundry partner.