Samsung is a big dog entering the cryptocurrency space.

The biggest Cryptocurrency Chip manufacturer has been Bitmain with their AntMiner provided by a Taiwanese manufacturer (TSMC) . AntMiner is a processing Chip based on Application-Specific Integrated Circuits (ASIC) Technology.

[center][/center]Why ASIC
Mining is a process where new cryptocoins are produce through solving mathematical computation and algorithm, the miner is the rewarded with a digital currency or coin. This means a computer with a good processing or GPU could mine just fine. In the early days of mining GPU was effective, but the mathematical problems become more difficult. Fast forward to a few years later, then can the birth of ASIC, ASIC is custom design for one purpose, to mine cryptocurrency.

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