Canadian ASIC Design Firm Reveals Partnership with Samsung

[kreslik.news]

Squire Mining, a Canadian manufacturer of ASIC mining chips, has revealed that its most recent partnership was with South Korean giant conglomerate Samsung Electronics.

Korean connection

The deal was signed on the 1st of August 2018. Under the terms of the partnership, the company will design the microchips in collaboration with South Korean design firm Gaonchips, which is based in the city of Seongnam. Samsung, the largest conglomerate in South Korea, will be the manufacturer of the end product.

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According to the announcement, the first round of microchips will be designed to mine Bitcoin, Bitcoin Cash, ... (read more)