Samsung is increasingly interested in Bitcoin mining and is only providing core technology to Chinese companies

Remember some time ago, Samsung used a large number of old Galaxy S5 phones released many years ago to build a special Bitcoin mining machine. Since then, many people have speculated whether Samsung is also interested in mining? Now, this statement has indeed been confirmed.

However, what Samsung is interested in is not how many bitcoins can be mined, but how to create hardware equipment that can better help you mine.

Dian Technology (official account: Dian Technology) discovered that according to the latest news from South Korean telephone sales company The Bell, Samsung has begun producing ASIC dedicated integrated circuit chips specifically for Bitcoin mining and other encrypted virtual currency mining, and has officially transformed from using old mobile phones for fun to becoming an upstream supplier in the mining industry.

It is particularly worth mentioning that Samsung plans to provide these mining-specific chips to a Chinese equipment manufacturer in the relevant field from the beginning of this year, and has made it clear that it will not sell the chips publicly. For the time being, it will only choose to provide products to Chinese manufacturers with which it cooperated last year.

From this, it can be seen that while Samsung's interest in Bitcoin mining is growing, it also seems to be increasingly optimistic about the mining capabilities of Chinese manufacturers.