{"id":72290,"date":"2018-02-05T17:51:20","date_gmt":"2018-02-05T10:51:20","guid":{"rendered":"http:\/\/www.pricepony.com.ph\/blog\/?p=72290"},"modified":"2018-02-05T17:51:20","modified_gmt":"2018-02-05T10:51:20","slug":"samsung-cryptocurrency-mining-hardware","status":"publish","type":"post","link":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/","title":{"rendered":"HOT! Samsung is now developing cryptocurrency mining hardware!"},"content":{"rendered":"<p><strong>Recently, Samsung has officially announced that they are now making special chips for cryptocurrency mining hardware. Check out more details right below!<\/strong><\/p><div style=\"float: none; display: block; margin: 0 -10px; text-align: center;\"><!-- ph_pricepony_article_top_desktop -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:728px;height:90px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"8052937650\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<\/div><\/p>\n<p><picture><source srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature.webp 1024w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature-300x200.webp 300w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature-768x512.webp 768w\" sizes=\"(max-width: 375px) 100vw, 375px\" type=\"image\/webp\"><img src=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature.jpg\" height=\"250\" width=\"375\" srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature.jpg 1024w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature-300x200.jpg 300w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2018\/01\/170506-bitcoin-feature-768x512.jpg 768w\" sizes=\"(max-width: 375px) 100vw, 375px\" class=\"aligncenter wp-image-69647 sp-no-webp\" alt=\"cryptocurrency exchanges\" decoding=\"async\"  > <\/picture><\/p>\n<h3>Samsung is making chips designed to mine cryptocurrencies!<\/h3>\n<p>In the latest reports on Wednesday, 31st January, Samsung has officially confirmed that they have begun manufacturing the application-specific integrated circuit hardware specialized for Bitcoin and cryptocurrency mining (ASIC). Their aim is to meet &#8220;a \u201cgrowing demand for cryptocurrency mining chips\u201d. Furthermore, Samsung is going to provide 8nm and 11nm processes to meet customers\u2019 needs in 2018. Additionally, there is a high chance they can start a risk production of the 7-nano in this year.<\/p>\n<p>To be specific, the\u00a0<a href=\"http:\/\/whatis.techtarget.com\/definition\/ASIC-application-specific-integrated-circuit\" target=\"_blank\" rel=\"noopener\">application-specific integrated circuits (ASIC)<\/a>\u00a0chip can be used to mine <a href=\"https:\/\/www.pricepony.com.ph\/blog\/the-future-for-bitcoin-2018\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and other cryptocurrencies by using a number of computers to solve a series of complex math puzzles. According to South Korean news outlet The Bell, Samsung has started manufacturing the ASIC chips in January with Taiwan-based manufacturer TSMC. Previously, this\u00a0company already supplied the chips to China-based bitcoin mining company Bitmain.<\/p><div style=\"float: none; display: block; margin: 0 -10px; text-align: center;\"><!-- ph_pricepony_article_incontent_1 -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:336px;height:280px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"7528541080\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<!-- ph_pricepony_article_incontent_2 -->\n<ins class=\"adsbygoogle\"\n     style=\"display:inline-block;width:336px;height:280px\"\n     data-ad-client=\"ca-pub-4796993490224996\"\n     data-ad-slot=\"2964262507\"><\/ins>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<\/div><\/p>\n<p><picture><source srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1-1.webp 500w,https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1-1-300x194.webp 300w\" sizes=\"(max-width: 387px) 100vw, 387px\" type=\"image\/webp\"><img src=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1-1.jpg\" height=\"250\" width=\"387\" srcset=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1-1.jpg 500w, https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1-1-300x194.jpg 300w\" sizes=\"(max-width: 387px) 100vw, 387px\" class=\"aligncenter wp-image-67488 sp-no-webp\" alt=\"\" decoding=\"async\"  > <\/picture><\/p>\n<p>Samsung\u2019s foundry business includes the manufacturing of cryptocurrency mining chips. However, we are unable to disclose further details regarding our customer&#8221;. Therefore, the details of this new project are still unavailable. They also shared that the planning is still &#8220;in the beginning stage&#8221;. As a result, the proportion of profit from the overall foundry business is small yet. Mining Bitcoin\u00a0is a complicated process that requires supercomputers to solve complex mathematical problems to\u00a0mine Bitcoin. Therefore, this process requires special hardware and chipsets. Samsung is the main manufacturers to\u00a0provide the suitable hardware and chipset.<\/p>\n<h3>The future of cryptocurrency mining<\/h3>\n<p>Mining is a very profitable business. Undoubtedly, Samsung, one of the largest chip maker, has entered the game. At first, nearly anyone could mine Bitcoin using their home computer. However, since this digital currency became more popular, the mining difficulty automatically increased, at the moment, people can only seriously mine with ASICs. In 2018, Samsung has earned about $350-400 million in revenue in the last quarter from the crypto-mining business alone.<\/p>\n<div class=\"31e97817518902a1d132cf665aa26f91\" data-index=\"3\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<!-- ph_pricepony_article_bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:336px;height:280px\"\r\n     data-ad-client=\"ca-pub-4796993490224996\"\r\n     data-ad-slot=\"7613953952\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Recently, Samsung has officially announced that they are now making special chips for cryptocurrency mining hardware. Check out more details right below! Samsung is making chips designed to mine cryptocurrencies! In the latest reports on Wednesday, 31st January, Samsung has officially confirmed that they have begun manufacturing the application-specific integrated circuit hardware specialized for Bitcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67473,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[3507,10],"class_list":["post-72290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-bitcoin","tag-samsung"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HOT! Samsung is now developing cryptocurrency mining hardware!<\/title>\n<meta name=\"description\" content=\"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HOT! Samsung is now developing cryptocurrency mining hardware!\" \/>\n<meta property=\"og:description\" content=\"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/\" \/>\n<meta property=\"og:site_name\" content=\"Price Pony\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-05T10:51:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"323\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chris Eilers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chris Eilers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/\",\"url\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/\",\"name\":\"HOT! Samsung is now developing cryptocurrency mining hardware!\",\"isPartOf\":{\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg\",\"datePublished\":\"2018-02-05T10:51:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/c338807e08d2e0642a2680633342a0b6\"},\"description\":\"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage\",\"url\":\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg\",\"contentUrl\":\"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg\",\"width\":500,\"height\":323,\"caption\":\"cryptocurrency mining\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"In\u00edcio\",\"item\":\"https:\/\/www.pricepony.com.ph\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HOT! Samsung is now developing cryptocurrency mining hardware!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/#website\",\"url\":\"https:\/\/www.pricepony.com.ph\/blog\/\",\"name\":\"Price Pony\",\"description\":\"www.pricepony.com.ph\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pricepony.com.ph\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/c338807e08d2e0642a2680633342a0b6\",\"name\":\"Chris Eilers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/df32c5a9212b896ce8ff63cc3b374123d59a6e4d719da9cf36920e14953fafbe?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/df32c5a9212b896ce8ff63cc3b374123d59a6e4d719da9cf36920e14953fafbe?s=96&d=mm&r=g\",\"caption\":\"Chris Eilers\"},\"description\":\"Chris is an experienced Digital Marketer and Growth Hacker with work experience in Mckinsey Germany and Rocket Internet Asia. He is the CEO of Oizoioi Malaysia and actively engaged in the Startup Scene in South East Asia.\",\"url\":\"https:\/\/www.pricepony.com.ph\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HOT! Samsung is now developing cryptocurrency mining hardware!","description":"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/","og_locale":"en_US","og_type":"article","og_title":"HOT! Samsung is now developing cryptocurrency mining hardware!","og_description":"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!","og_url":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/","og_site_name":"Price Pony","article_published_time":"2018-02-05T10:51:20+00:00","og_image":[{"width":500,"height":323,"url":"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg","type":"image\/jpeg"}],"author":"Chris Eilers","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Chris Eilers","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/","url":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/","name":"HOT! Samsung is now developing cryptocurrency mining hardware!","isPartOf":{"@id":"https:\/\/www.pricepony.com.ph\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage"},"image":{"@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage"},"thumbnailUrl":"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg","datePublished":"2018-02-05T10:51:20+00:00","author":{"@id":"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/c338807e08d2e0642a2680633342a0b6"},"description":"Samsung has officially announced they are making chips for cryptocurrency mining hardware. Check out for more details right here today!","breadcrumb":{"@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#primaryimage","url":"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg","contentUrl":"https:\/\/www.pricepony.com.ph\/blog\/wp-content\/uploads\/2017\/12\/bitcoin-chip-1.jpg","width":500,"height":323,"caption":"cryptocurrency mining"},{"@type":"BreadcrumbList","@id":"https:\/\/www.pricepony.com.ph\/blog\/samsung-cryptocurrency-mining-hardware\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"In\u00edcio","item":"https:\/\/www.pricepony.com.ph\/blog\/"},{"@type":"ListItem","position":2,"name":"HOT! Samsung is now developing cryptocurrency mining hardware!"}]},{"@type":"WebSite","@id":"https:\/\/www.pricepony.com.ph\/blog\/#website","url":"https:\/\/www.pricepony.com.ph\/blog\/","name":"Price Pony","description":"www.pricepony.com.ph","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pricepony.com.ph\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/c338807e08d2e0642a2680633342a0b6","name":"Chris Eilers","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pricepony.com.ph\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/df32c5a9212b896ce8ff63cc3b374123d59a6e4d719da9cf36920e14953fafbe?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/df32c5a9212b896ce8ff63cc3b374123d59a6e4d719da9cf36920e14953fafbe?s=96&d=mm&r=g","caption":"Chris Eilers"},"description":"Chris is an experienced Digital Marketer and Growth Hacker with work experience in Mckinsey Germany and Rocket Internet Asia. He is the CEO of Oizoioi Malaysia and actively engaged in the Startup Scene in South East Asia.","url":"https:\/\/www.pricepony.com.ph\/blog\/author\/admin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/posts\/72290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=72290"}],"version-history":[{"count":0,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/posts\/72290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/media\/67473"}],"wp:attachment":[{"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=72290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=72290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pricepony.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=72290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}