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January 31, 2018 03:55 pm GMT

Samsung is making chips for cryptocurrency mining

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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. 

SEE ALSO: Bananacoin, Titcoin, and Trumpcoin: These are the craziest cryptocurrencies out there

“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

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/wpMd5f4BwIA/

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