Quote from: FLoving on February 01, 2018, 09:28:31 PM

Quote from: TimtheYoutuber on February 01, 2018, 09:16:02 PM

"Samsung to support bitcoin"

Now we are at that time that people try and pump the price. They are making chips, but not supporting bitcoin. They dont accept it, they are not donating to a bitcoin charity, they are not paying millions to educate people. Simply making a product that bitcoin users can use.

https://www.coindesk.com/samsung-confirms-its-now-making-cryptocurrency-mining-chips/

That is the start from them. There is much more in this act from them. Samsung is a giant company and they are putting most of their potential in creating this hardware for bitcoin. It means that they believe in bitcoin and as this giant company is in trust on bitcoin then people will also trust that yes bitcoin is the coin which has a bright future.

Just think why a bigger company will create something for bitcoin if they will not believe on it. They believe on its future that is why they are planning for it.

They have so great scientists. Wonder if Samsung and sony unite to develop great miner. But I have no idea why will they sell it like bitmain while samsung can to enter into bitcoin world very seriously and conquer whole crypto world with the help of their scientists. Well, google can do the same but this will be fatal.
I don't like that fact, if samsung develop antminers, there is a potential from other companies to follow samsung's steps and this will make a big monopoly in mining, greater than antminer has (do they really have? No).