According to the information disclosed by distributors of mining equipment, Samsung is producing ASIC chips for the emerging mining hardware maker Halong Mining.
On Tuesday, online mining equipment retailer MyRig posted a photo of a wafer on Twitter, a semiconductor material used to make integrated circuits, and multiple-fingered single-crystal silicon wafers. Their tweets wrote:
'Now the dragon is going to fly (Note: Dragon Dragon's Dragon Dragon Dragon's DragonMint T1 mining machine name), this chip will help DragonMint T1 mining machine. Yes, Samsung; Yes, it is ten Nano. We can be sure that some people have seen some news in the past.
In fact, since last year, Samsung has initiated the development of an ASIC chip designed specifically for bitcoin mining. At that time, Samsung did not disclose who the buyer of this chip was, and it did not disclose the identity of this company, only confirmed it. It is a Chinese mining company.
On the other hand, Halong Mining Co., Ltd., as a rising star in the mining industry, has not yet been known to many people. Last year, the company released the DragonMint T1, the first miner, but it has only recently begun shipments to customers. Bitcoin Bitcoin Core developer BTCDrak also participated in the Halong Mining project with a certain identity, but it is unclear how the specific cooperation between the parties will be.
At present, DragonMint T1 may be the most efficient miner on the market, even surpassing the performance of Bitcontinent S9 ant miners. In March this year, Slush Pool confirmed that someone in their mining pool had used Halong mining equipment to dig out A block, and significantly improved mining efficiency through a technology upgrade called 'AsicBoost'.
If Samsung supplies chips to Halong Mining, Bitland’s dominance in the ASIC market will surely receive a certain threat, because as the world's best-known chip giant, Samsung can easily increase ASIC chip production to meet market demand.