"Samsung's foundry business is now engaged in the manufacturing of crypto-currency mining chips", Samsung told the BBC.
Samsung mentioned in its latest financial report this week that rising sales of these chips are expected to help its earnings this year.
The South Korean company said it's ramping up production of computer chips used to mine digital currencies like bitcoin, cashing in on growing demand. In 2013, the first ASICs specifically for cryptocurrency mining were released. Companies engaged in large scale mining frequently use ASIC chips to create separate mining setups.
Demand for these sorts of chips has constantly gone up as the valuation of cryptocurrencies continues to rise.
People "mine" bitcoin and other cryptocurrencies by using computers to solve complex math puzzles. But as Bitcoin became more popular, the mining difficulty automatically increased, and has now reached such levels that one can only seriously mine with ASICs. GPU's speed up the mining process but are inefficient as they consume a lot of power. The move comes as part of a collaboration with a Chinese distribution partner.
Samsung Electronics said operating profits in semiconductor businesses came to 35.2 trillion won in the fourth quarter, accounting for 65.6 percent of its total operating profit in the cited period.
This year, processors, which are designed for bitcoin mining, were put on the market.
Samsung is also getting in on the cryptocurrency business just like everyone else.
It's too early to tell what sort of impact this could have on Samsung's bottom line.
And whilst Samsung said that its display panel business, which makes OLED and LCD screens, saw increased shipments of OLED panels for premium smartphones, it LCD panels profitability took a hit due to weak seasonality, which dampened sales and average selling prices.
The findings were published online today (Jan. 30) in the journal Proceedings of the Royal Society B: Biological Sciences . The researchers found that Wikie successfully copied all of the sounds, a lot of them in fewer than 10 tries.
As many as 50 proposed class actions suits have been filed by consumers, over the company's latest software update. The price to replace a battery was cut from $79 to $29, with the deal available worldwide through December 2018.
Will they get better games or get rid of those ugly color rush uniforms? To subscribe to this podcast, please go here . The current deal between NBC, Fox, CBS and the NFL for Sunday football costs each station roughly $2 billion per year.
He called the Democrats' behavior during the Trump speech disrespectful, but added he's seen it the other way too. His interests are conservative political philosophy, the American founding, and progressive rock.
Her departure from the top USA public health agency comes in the middle of the country's worst flu season in several years. Fitzgerald likely would have had to recuse herself from regulatory decisions involving companies from which she profited.
A graduate of both Stanford and Harvard, Kennedy served as an assistant district attorney in MA before serving in Congress. As a member of the House Energy and Commerce Committee, he has focused on advancing the issues of energy costs.
Even in California, there is significant variation in how counties are handling misdemeanor pot convictions. Certain felony cases will be reviewed and may be reclassified as a misdemeanor under certain circumstances.
Carr showed in the first half why he is one of the Big Ten's best guards, albeit despite being not talked about as much. This is the one advantage the Nittany Lions have coming into the game and they have to take full advantage of it.
Under this global customary law, no refugee can be forced to go back to the country where they are subjected to persecution. At this, the court said that the word "welcome" may be an exaggeration but there is a policy decision to that effect.
Bridges, in his second game back after missing seven contests with an ankle injury, managed just four points on 2 of 8 shooting. This is easily the Nittany Lions' toughest test of the season, but a Penn State win is not as unrealistic as some may think.
For fiscal 2018, AMD will adopt a new revenue recognition standard, but expects the impact on revenue to be immaterial. That exceeded analysts' average estimate of $1.41 billion (roughly Rs. 8,900 crores), according to Thomson Reuters .
However, when she learned that he had gone on to be accused of sexual harassment again, she said she was greatly troubled. About five years later, Strider was hired to lead a super PAC supporting Clinton and run by a key ally, David Brock.
Nevertheless, the speed with which Windows 10 has been adopted has been slower than Microsoft initially anticipated. This product will receive five years of mainstream support but "approximately" two years extended support.
Andrew Calisterio shared a selfie with Hardy on Instagram, writing: "A couple Pictures for @tomhardy today". Let's just hope Hardy doesn't regret his tattoo like this woman did when she got a face tattoo from Phor .
In 2013, House of Cards became the first original online series to receive major nominations from the Primetime Emmy Awards. House of Cards is the most prominent example, however, and many will be watching to see how (and if) it recovers.
The lawmakers were scheduled to spend the next few days at the West Virginia resort for their annual issues conference. Sanders said that President Donald Trump has been fully briefed on the situation and is receiving regular updates .
Drug major Dr Reddy's emerged as the worst performer among Sensex constituents by plunging 3.75%, followed by Tata Steel at 3.49%. The late surge in the market came on back of private bank scrips as the respective sub-index gained more than half a per cent.