Quote from: mwizard on June 27, 2016, 03:08:38 AM

Quote from: OROBTC on June 27, 2016, 02:57:39 AM

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I have long wondered why Samsung or some other big chip maker never went after making ASIC chips for mining BTC. Yes, I do understand that BTC ASIC chips are a niche product, but there would seem to be a profitable opportunity for a Samsung or a niche US chip maker. A serious chip manufacturer would likely blow BitFury, AntMiner, etc. right out of the water, at least that's what it seems like to me.

Cheap electricity and .gov cronyism in China would be separate issues re mining inside/outside of China.

Are you proposing Samsung should set up its own giant mining farms?

Do you really think they would sell the chips cheaply to the general public.

Who do you mean by general public? The Chinese general public or everyone else?