Not that anyone is asking, but Coin Center inserted itself into the debate at hand. Is the Post-Merge Ethereum a security now? Moving from Proof-Of-Work to Proof-Of-Stake without pausing the operation was quite a feat, but it came with a cost. Many things are completely different at this stage, and those new characteristics might put Ethereum in the regulator’s field of vision. Is staking a similar activity to mining or are they totally different?
Samsung To Begin Production of 3nm Chips Which Could Be Used For Mining Bitcoin: Report
Samsung is reportedly trialing the production of 3nm foundry processing for chips enabling bitcoin miners to operate faster and with less power consumption.
- Samsung is reportedly in a trial production stage for 3nm foundry processing which could be used for mining bitcoin.
- The first customer will be PanSemi, a Chinese ASIC manufacturer and Qualcomm may also take part in the future.
- 3nm foundry processing can enable chips to have reduced power consumption, increased speed, and higher quantities of transistors.
Samsung will reportedly start trial production this week of three nanometer (3nm) chips for application-specific integrated circuits (ASICs) – the most efficient machines for mining bitcoin.
Samsung to Build 10nm ASIC Bitcoin Mining Chips
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.
Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung
This week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018.
Also read: Ebang Announces 44 Terahash E-11 Miners With 10nm Chips
Squire Mining Announces New ASICs Will Use Samsung Semiconductors
On Tuesday the company Squire Mining Ltd., (CSE: SQR), has announced the business partnered with two leading firms from Southeast Asia, Gaonchips and Samsung Electronics. According to the Canada-based Squire, the collaboration will focus on producing next-generation 10nm ASIC chips for bitcoin mining. Gaonchips will be used for Squire’s semiconductor design house and Samsung will manufacture the ASIC chips in Korea.
Ebang Announces 44 Terahash E-11 Miners With 10nm Chips
The China-based Ebang Communication, one of the largest ASIC mining chip makers in the region has announced a new series of mining rigs this week at the World Digital Mining Summit in Tbilisi, Georgia. Ebang has revealed three new bitcoin mining rigs for its Ebit Miner E-11 series that claims to boast hashrate speeds between 30-44 trillion hashes per second (TH/s).
Also read: Here We Go Again — Crypto-Community to Deal With Another Foundation
New Player to Offer Next Generation ASIC Chips This Year
A new competitor is advancing on plans to enter the mining hardware market by the end of the year. Canadian company Squire Mining has raised almost $ 20 million to finance the design, development, and testing of a new ASIC chip and bitcoin mining rig. Squire also wants to set up its own crypto mining facilities.
Also read: Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar
Squire Ltd. to Develop Next Generation 10nm ASIC Chips and Trade Bitcoins
Squire Mining Ltd. recently announced the closing of a non-brokered private placement equity financing of Canadian $ 25,500,000 to fund the developing, manufacturing, and selling data mining infrastructure and system technology.
The Next Generation of 10nm ASIC Chips Is Coming
The dizzying growth of the blockchain and crypto asset industry continues to attract new investors. Squire Ltd. estimates that the cryptocurrency market could rise to USD 1 trillion in late 2018 and USD 10 trillion by 2030.
Thus, encouraged by this sentiment, on August 10, 2018, the Canadian investment company Squire Ltd. announced that it now engages in the crypto industry.
Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips
Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
GMO Readies 7nm Mining Chips
Japanese conglomerate GMO Internet Group published its first quarter results for the fiscal year 2018 last week. During the earnings results presentation, the company outlined its plans for the sale of its long-awaited 7nm bitcoin mining chips.
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 competition to the ASIC industry, primarily to China’s Bitmain, which, up to this point, has largely dominated the chip-development arena. Both companies work with Taiwanese giant TSMC, which has seen quarterly revenue increases of $ 350 to $ 400 million, thanks to ongoing developments in cryptocurrency.
Make Your Own Bitcoin Miners? KnCMiner to Offer Jupiter Crunching Chips for Sale
200-Chip Packs Let Miners and Data Centers Accelerate Their Existing Equipment at Below Original Production Cost
STOCKHOLM, Aug. 15, 2014 — KnCMiner (https://www.kncminer.com/), the most trusted brand in Bitcoin mining, announced today that it is making available its 28 nm SHA256-crunching chip from its Jupiter Bitcoin mining equipment available to the public, and at below what it cost KnC Miner to purchase the chips itself—$27 USD per processor. The chips are being sold in sets of 200 at a cost of $5,400 USD and will ship from stock within 48 hours.
