Quote from: gameboy366 on April 05, 2018, 07:14:37 AM

Quote from: dhouse on April 04, 2018, 09:45:08 PM

Quote from: gameboy366 on April 04, 2018, 09:21:06 PM

We need more competition.....competition in asic development. Bitmain is capitalism gone wrong. No competition, complete monopoly and exploitation. There is no company that can stand against Bitmain that's why they are doing whatever they want. If there was competition then prices would be low and so would be the chance of them mining the hell out of those asics before releasing them. Until AMD and Nvidia develops a mining specific gpu or until a asic resistant coin surpasses ETH's market capital it will be dark ages for gpu mining.

samsung's getting into asic development, i'm interested to see where that goes

I don't think so that will ever happen. Samsung is such a big name there is no need for them to touch this hot market of altcoins. I don't know where you get your news from but this is definitely a fake one.

Samsung did announce it would be looking into the ASIC mining market - as one of the biggest silicon producers globally, why wouldn't they if there's a market?

Obviously they might change their mind (they do that a lot), plus it will take many months to see any action. They'd just white label chips to BM and co anyway, so you'd need a detailed teardown to notice. They aren't going to put out their own brand miner, it's b2b big business.