Samsung recently revealed plans to start producing 3nm cryptocurrency mining chips. This is not the first initiative of a technology giant in the blockchain world.
The new cryptocurrency mining chips that Samsung intends to introduce are currently in the testing phase. Nevertheless, the first buyers were found. We are talking about the Chinese company PanSemi and the American company Qualcomm. The latter is currently one of Samsung's largest customers.
Modern chips from Samsung
The new 3nm GAA (Gate All Around) processors manufactured by Samsung will have gates on each of the four surfaces. This is a new solution that has not been introduced by any other company so far. So far, the FinFET device, in which three surfaces were used, was considered the most technologically advanced.
The model offered by Samsung provides highly precise current control, with a size much smaller than that offered by other manufacturers.
Samsung and blockchain technology
The blockchain and cryptocurrency space is no stranger to the technological giant. It is not the first time that the company has entered this area. Already in February, Samsung launched NFT, which were available to buyers of the new Galaxy S22 model. That's not all, because the global giant has also integrated the NFT platform with three models of TV sets, thanks to which the sale of digital works of art could be conducted via a TV set. The great advantage of this solution was the possibility of their trouble-free and clear display.
Samsung also cooperated with the Stellar protocol. Joint activities were aimed at developing new blockchain applications for the Keystore store. This is how Blockchain Keystore was created, i.e. a system that provides Samsung smartphone users with safe use of applications related to blockchain technology and cryptocurrencies.