Samsungs decision to expand into the manufacture of chips for cryptocurrency mining has paid off huge time as the corporation is smiling to the bank having vast proceeds from it.
Recently, the organization made the decision to venture into the mass production of ASIC chips and has already started to yield bonuses as its initial quarter was boisterous.
The firm recorded working profit of 15.64 trillion Korean won which is approximated to be $14.45 billion. That profit is the reason why South Korea can take pride of total profits of 60.56 trillion won.
SeWon Chun, senior vice president of Samsung’s semiconductor business for memory, clarified that “for graphics, entire demand improved thanks to sturdy demand for cryptocurrency mining graphics cards.”
Samsung got it! They are the pioneer of the big corporations who believed and made not only billions but trillions! Awesome, yes they can just do it with super computers, just like the mining facility of the Queen of England in Iceland! Brilliant! Thanks for the post it’s a boost to the public as eye opener!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Seems good for common people but I think rich countries are able to mine it easily with super computers and with cloud computing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep. @imran-aslam Those with super computers are more advantageous.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit