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Samsung enters volume production for Cryptocoin mining ASIC
Samsung has reportedly been contracted by a China-based firm to fabricate Bitcoin mining ASICs with volume production already kicking off in January.
Samsung has started to fabricate ASICs for Bitcoin mining for an unnamed China-based company, according to a report from South Korea-based website The Bell. New orders for Bitcoin mining solutions are set to be a new driver of Samsung's future profit growth, the report quoted unspecified company sources as indicating, reports digitimes.
Bitmain Technologies, Canaan Creative and Ebang Communication are currently the leading China-based suppliers of Bitcoin mining solutions. Both Bitmain and Canaan reportedly partner with Taiwan Semiconductor Manufacturing Company (TSMC) to manufacture mining chips.
According to a recent report from Taiwan's TechNews, TSMC saw Canaan's orders for Bitcoin mining solutions bring CNY58.12 million (US$9.19 million) and CNY186 million, respectively, to company revenues in 2015 and 2016. Canaan's orders increased significantly in 2017 bringing an estimated CNY500 million to TSMC's revenues for the year.
A recent Digitimes report quoted industry sources as saying that TSMC has obtained sizable orders from Bitmain for 2018. Bitmain's orders will be enough to occupy 90% of TSMC's ASIC foundry capacity during off-peak season, as the orders from the mining company amount to 100,000 wafers monthly.
Samsung Launches 800GB Z-SSD for HPC and AI Systems - 01/30/2018 09:57 AM
Samsung Electronics, the world leader in advanced memory technology, today announced that it has launched an 800-gigabyte (GB) solid state storage drive-the SZ985 Z-SSD, for the most advanced enterpri...
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Evan Blass, known for his ability to get Smartphone details out before any embargo holds up his reputation, he placed photos online from the front of the Samsung Galaxy S9 and the S9+. ...
Samsung 860 EVO 2TB SSD review - 01/23/2018 05:02 PM
Samsung releases its 860 EVO series SATA 6 Gb/s SSDs. Available from 250 GB up-to 4 Terabytes, this new revision is fabbed with 64-cell layer V-NAND and their new MJX controller. Armed with truckloads...
Samsung 860 PRO 2TB SSD review - 01/23/2018 05:02 PM
Samsung releases its 860 PRO series as well, a 6 Gb/s SSD range available from 250GB up-to a whopping 4 Terabyte this new revision is fabbed with 64-cell layer V-NAND and their new MJX controller and ...
Samsung Galaxy S9 will record 1080p video at 480 fps - 01/22/2018 08:49 PM
The upcoming Samsung Galaxy S9 camera possibly will have the ability to capture full HD video at a super-slow-motion 480 frames per second. This is possible through the use of a '3-stack FRS': a fas...
sammarbella
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Posts: 3931
Joined: 2014-12-09
#5515791 Posted on: 01/31/2018 04:51 PM
I wish Samsung all the best for this product.AMD "gaming" GPU sales dep should be worried...
I wish Samsung all the best for this product.AMD "gaming" GPU sales dep should be worried...
Silva
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Senior Member
Posts: 915
Joined: 2013-06-04
#5515799 Posted on: 01/31/2018 05:12 PM
Cant wait for this crap Cryptocoin mining fad to fail.
That will be fun. Yes sir.
It will not fail until governments start to regulate and tax it. or in extreme cases: ban it.
I wish Samsung all the best for this product.AMD "gaming" GPU sales dep should be worried...
Bitcoin is not mined with GPU's. Neither AMD and Nvidia would be affected.
I do hope this ends soon, or I'll never be able to afford GPU's anymore.
Cant wait for this crap Cryptocoin mining fad to fail.
That will be fun. Yes sir.
It will not fail until governments start to regulate and tax it. or in extreme cases: ban it.
I wish Samsung all the best for this product.AMD "gaming" GPU sales dep should be worried...
Bitcoin is not mined with GPU's. Neither AMD and Nvidia would be affected.
I do hope this ends soon, or I'll never be able to afford GPU's anymore.
ZXRaziel
Senior Member
Posts: 119
Joined: 2017-12-11
Senior Member
Posts: 119
Joined: 2017-12-11
#5515815 Posted on: 01/31/2018 06:01 PM
This might actually end up being a good thing for us , if there is a dedicated hardware for the miners , the availability of pc hardware like the graphics cards should return to normal and the prices will fall .
This might actually end up being a good thing for us , if there is a dedicated hardware for the miners , the availability of pc hardware like the graphics cards should return to normal and the prices will fall .
kruno
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Posts: 252
Joined: 2017-09-25
Senior Member
Posts: 252
Joined: 2017-09-25
#5515823 Posted on: 01/31/2018 06:28 PM
Well good news for Samsung
Link :
https://overclock3d.net/news/software/samsung-has-dethroned-intel-to-become-the-world-s-largest-chipmaker/1
Well good news for Samsung
Link :
https://overclock3d.net/news/software/samsung-has-dethroned-intel-to-become-the-world-s-largest-chipmaker/1
schmidtbag
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Joined: 2012-11-10
Senior Member
Posts: 4343
Joined: 2012-11-10
#5515836 Posted on: 01/31/2018 07:35 PM
As stated earlier, GPUs aren't used for Bitcoin mining. But even if they were, AMD already got a saving grace from Ethereum and other currencies, and did financially better than anyone expected as a result. Assuming their (and Nvidia's) claims of "gamers first" is legitimate, I think they're well aware (or ought to be, anyway) that they can't depend on lucking out like this again.
I wish Samsung all the best for this product.AMD "gaming" GPU sales dep should be worried...
As stated earlier, GPUs aren't used for Bitcoin mining. But even if they were, AMD already got a saving grace from Ethereum and other currencies, and did financially better than anyone expected as a result. Assuming their (and Nvidia's) claims of "gamers first" is legitimate, I think they're well aware (or ought to be, anyway) that they can't depend on lucking out like this again.
Fox2232
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Joined: 2012-07-20
Senior Member
Posts: 9691
Joined: 2012-07-20
#5515840 Posted on: 01/31/2018 07:52 PM
It will not fail until governments start to regulate and tax it. or in extreme cases: ban it.
Bitcoin is not mined with GPU's. Neither AMD and Nvidia would be affected.
I do hope this ends soon, or I'll never be able to afford GPU's anymore.
Some governments tried. Here we have tax requirement.
And I glimpsed some rumor that Zuckerberg is going to block crypto adds/info on facebook. I wonder if it makes it actually fall.
It has almost same chance to bring in all counter-block-anything people.
It will not fail until governments start to regulate and tax it. or in extreme cases: ban it.
Bitcoin is not mined with GPU's. Neither AMD and Nvidia would be affected.
I do hope this ends soon, or I'll never be able to afford GPU's anymore.
Some governments tried. Here we have tax requirement.
And I glimpsed some rumor that Zuckerberg is going to block crypto adds/info on facebook. I wonder if it makes it actually fall.
It has almost same chance to bring in all counter-block-anything people.
Neo Cyrus
Senior Member
Posts: 9201
Joined: 2006-02-14
Senior Member
Posts: 9201
Joined: 2006-02-14
#5515845 Posted on: 01/31/2018 08:09 PM
AMD are going to be cashing in from Ethereum until it's switched to the proof of stake Casper system, and there's no real sign of when that will happen. There's been talk about Ethereum switching to proof of stake for over 2 years at least. It was only live in July 2015, they've been talking about a PoS system pretty much as long as it's existed. I won't believe it until it happens. And until that happens, the gaming market is absolutely fracked as every single mid to high end card instantly sells the moment it's available to a miner. As if the market wasn't already screwed enough with the high end being a monopoly.
Gather your pennies to buy an Xbox 2 boys, because you're not going to get a reasonably priced GPU ever again until Ethereum pisses off, assuming something else doesn't replace it. Or until Gandhi reincarnates to smite nVidia and AMD for screwing us all so hard. I'm pretty sure he said he'd do that should the time come.
As stated earlier, GPUs aren't used for Bitcoin mining. But even if they were, AMD already got a saving grace from Ethereum and other currencies, and did financially better than anyone expected as a result. Assuming their (and Nvidia's) claims of "gamers first" is legitimate, I think they're well aware (or ought to be, anyway) that they can't depend on lucking out like this again.
AMD are going to be cashing in from Ethereum until it's switched to the proof of stake Casper system, and there's no real sign of when that will happen. There's been talk about Ethereum switching to proof of stake for over 2 years at least. It was only live in July 2015, they've been talking about a PoS system pretty much as long as it's existed. I won't believe it until it happens. And until that happens, the gaming market is absolutely fracked as every single mid to high end card instantly sells the moment it's available to a miner. As if the market wasn't already screwed enough with the high end being a monopoly.
Gather your pennies to buy an Xbox 2 boys, because you're not going to get a reasonably priced GPU ever again until Ethereum pisses off, assuming something else doesn't replace it. Or until Gandhi reincarnates to smite nVidia and AMD for screwing us all so hard. I'm pretty sure he said he'd do that should the time come.
sammarbella
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Posts: 3931
Joined: 2014-12-09
#5515887 Posted on: 01/31/2018 10:23 PM
Don't bet on that.
Share holders looking for short term benefits are against gamers interest:
http://www.pcgamer.com/amd-ceo-lisa-su-is-lukewarm-on-cryptocurrency-but-big-on-blockchain
Assuming their (and Nvidia's) claims of "gamers first" is legitimate, I think they're well aware (or ought to be, anyway) that they can't depend on lucking out like this again.
Don't bet on that.
Share holders looking for short term benefits are against gamers interest:
Su says that mining represents a "very small percentage" of AMD's overall business, somewhere in the mid single digits. When pressed further on the impact cryptocurrency mining has had on prices and availability, Su sort of avoided the question and pointed to gaming as being a much bigger market.
"Well actually what we're seeing is gaming is a tremendous growth market for us. We love gaming, we are in the game consoles, we sell a lot of add-in board graphics cards, we actually sell quite a few graphics systems and what we've seen is that this is going to continue to grow," Su said.
"Well actually what we're seeing is gaming is a tremendous growth market for us. We love gaming, we are in the game consoles, we sell a lot of add-in board graphics cards, we actually sell quite a few graphics systems and what we've seen is that this is going to continue to grow," Su said.
http://www.pcgamer.com/amd-ceo-lisa-su-is-lukewarm-on-cryptocurrency-but-big-on-blockchain
TheDeeGee
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Joined: 2010-08-28
Senior Member
Posts: 6099
Joined: 2010-08-28
#5515917 Posted on: 02/01/2018 02:01 AM
I saw YouTube started showing ads about mining.
This shit is getting out of hand and will cause the world to implode.
I saw YouTube started showing ads about mining.
This shit is getting out of hand and will cause the world to implode.
sverek
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Posts: 5247
Joined: 2011-01-02
#5515921 Posted on: 02/01/2018 02:24 AM
I guess we entering the zone of "Cryptocurrency too large to fail". Too many people want it to succeed and way too much money invested into it.
Still can fail, though.
All I can do is hope people don't go blind on profits and realize actual potential of cryptocurrency.
Cryptocurrency giving interesting hints of what our future currency might look like. Perhaps this is the last century where we using paper cash and coins.
I guess we entering the zone of "Cryptocurrency too large to fail". Too many people want it to succeed and way too much money invested into it.
Still can fail, though.
All I can do is hope people don't go blind on profits and realize actual potential of cryptocurrency.
Cryptocurrency giving interesting hints of what our future currency might look like. Perhaps this is the last century where we using paper cash and coins.
jaggerwild
Senior Member
Posts: 679
Joined: 2005-11-18
Senior Member
Posts: 679
Joined: 2005-11-18
#5515922 Posted on: 02/01/2018 02:39 AM
I'll wait in the wings patiently till crypto craps then it will be raining 1080Ti'S like pennies, you think Nvidia gives 2 craps about gamers? There 1080 TI'S are going for what a Titan goes for, at this point a titan isn't a bad bet.
I'll wait in the wings patiently till crypto craps then it will be raining 1080Ti'S like pennies, you think Nvidia gives 2 craps about gamers? There 1080 TI'S are going for what a Titan goes for, at this point a titan isn't a bad bet.
Gen Techa
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Posts: 25
Joined: 2015-01-14
#5515939 Posted on: 02/01/2018 04:10 AM
I keep seeing posts that cryptomining doesn't use graphics cards.
Each Graphics card will mine slightly differently depending on the way it is made. This is all about how each GPU runs the ETHASH algorithm which is key to the proof of work in Ethereum. They also use different amounts of power.
I keep seeing posts that cryptomining doesn't use graphics cards.
Each Graphics card will mine slightly differently depending on the way it is made. This is all about how each GPU runs the ETHASH algorithm which is key to the proof of work in Ethereum. They also use different amounts of power.
RedSquirrel
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Posts: 84
Joined: 2017-03-06
Member
Posts: 84
Joined: 2017-03-06
#5515941 Posted on: 02/01/2018 04:14 AM
Who'd have thought the creation of money printing machines would lead to mayhem
Who'd have thought the creation of money printing machines would lead to mayhem
Fox2232
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Posts: 9691
Joined: 2012-07-20
Senior Member
Posts: 9691
Joined: 2012-07-20
#5515964 Posted on: 02/01/2018 08:32 AM
I guess we entering the zone of "Cryptocurrency too large to fail". Too many people want it to succeed and way too much money invested into it.
Still can fail, though.
All I can do is hope people don't go blind on profits and realize actual potential of cryptocurrency.
Cryptocurrency giving interesting hints of what our future currency might look like. Perhaps this is the last century where we using paper cash and coins.
Except it is not too large to fail. It would be in case those cryptos were really currencies. But people mainly take them as commodity.
Commodity value is driven by some mechanisms. And those have different strengths.
If I look at copper, it has reasonably strong use, supply is driven by demand. OIL, strong use, supply is driven by demand. Purchased for purpose of transforming into another product with added value.
With Cryptos, there is almost no use, can be legally declared illegal at any moment in any country. Supply is not driven by demand !!! And demand is not driven by transforming crypto into another product with added value. Demand here is driven by demand itself.
(Bought a coffee with bitcoin? Look closely on mechanism involved and all costs in place. Likely most expensive generic coffee ever.)
Insufficient supply within existing cryptos is instead compensated by popping yet another different crypto into existence.
(And regular add: "Get it while it is cheap.")
Cryptos have strong potential to crash to null. And more blown they are, stronger this potential gets.
I guess we entering the zone of "Cryptocurrency too large to fail". Too many people want it to succeed and way too much money invested into it.
Still can fail, though.
All I can do is hope people don't go blind on profits and realize actual potential of cryptocurrency.
Cryptocurrency giving interesting hints of what our future currency might look like. Perhaps this is the last century where we using paper cash and coins.
Except it is not too large to fail. It would be in case those cryptos were really currencies. But people mainly take them as commodity.
Commodity value is driven by some mechanisms. And those have different strengths.
If I look at copper, it has reasonably strong use, supply is driven by demand. OIL, strong use, supply is driven by demand. Purchased for purpose of transforming into another product with added value.
With Cryptos, there is almost no use, can be legally declared illegal at any moment in any country. Supply is not driven by demand !!! And demand is not driven by transforming crypto into another product with added value. Demand here is driven by demand itself.
(Bought a coffee with bitcoin? Look closely on mechanism involved and all costs in place. Likely most expensive generic coffee ever.)
Insufficient supply within existing cryptos is instead compensated by popping yet another different crypto into existence.
(And regular add: "Get it while it is cheap.")
Cryptos have strong potential to crash to null. And more blown they are, stronger this potential gets.
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Cant wait for this crap Cryptocoin mining fad to fail.
That will be fun. Yes sir.