HomeCryptopediaSamsung To Develop Bitcoin Mining Chips - Will This Energize Crypto?

Samsung To Develop Bitcoin Mining Chips – Will This Energize Crypto?


Samsung’s entry into 3-nanometer foundry processor manufacture has begun, and the South Korean corporation will allegedly begin producing Gate-All-Around-based chipsets this week, according to Samsung New3sroom on Thursday.

The electronics behemoth is making tremendous progress toward the completion of chipsets that could aid in Bitcoin mining. During the first-quarter earnings call of 2022, the business hinted at the new effort.

The ability of Samsung to manufacture 3-nanometer CPUs is likely to solve some Bitcoin mining challenges.

When compared to the 5nm process, first-generation 3nm technology can reduce power usage by up to 45 percent, increase performance by 23 percent, and reduce area size by 16 percent.

The second-generation 3nm technology can only reduce power consumption by half, enhance performance by 30%, and reduce the area by 35%.

The most commercially successful approach to date has been FinFET (fin-shaped field-effect transistor), which requires only three surfaces instead of four. According to reports, the company’s most recent advancement allows for thinner gates and more precise current regulations.

According to Dr. Siyoung Choi, president, and CEO of Samsung Electronics’ Foundry Business:

“Samsung has grown rapidly as we continue to demonstrate leadership in applying next-generation technologies to manufacturing… We aim to continue this leadership with the world’s first 3nm process with the MBCFET.”

This week, the largest South Korean corporation will reportedly begin trial fabrication of three nanometers (3nm) chips for application-specific integrated circuits (ASICs) — the most efficient bitcoin mining equipment.

According to insiders, the company’s manufacturing capacity is still minimal and serves as a test run rather than regular production.




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