Post
Topic
Board Speculation
Re: Samsung, Apple, ASICs and mining
by
oaktree
on 21/02/2018, 19:16:12 UTC
It seems that Samsung is developing an ASIC chip for mining, and they are talking to Apple with a view to producing a low cost mining rig. If this happens, what effect do you think it will have on the crypto markets?

It depends on whether it brings down the price of ASICs or not.

If and when there is a stock market crash, the proper type that drags down all shares regardless of true value, it might be worth investing in Samsung, Nvdia and other as a way of getting exposure to the chip/graphics card part of crypto.