THELOGICALINDIAN - Squire Mining Ltd has appear Samsung as the architect for its ASIC chips for Bitcoin mining The Canadian based aggregation additionally called Gaonchips as the close amenable for its cryptocurrency mining chipset
Squire Partners with Gaonchips and Samsung
According to a columnist account appear by the company, the accomplishment will booty abode in South Korea. A allocation of the advertisement reads:
Gaonchips will assignment in bike with Squire’s programmers and developers. Together, they will avant-garde the company’s appliance of ASIC chips in Bitcoin mining application dent action technology. Once the chip Squire and Gaonchips development aggregation ability an adequate architecture threshold, Samsung will activate assembly of the ASIC chips for basic testing.
Commenting on the proposed development roadmap, the account by the aggregation said:
Since the alpha of the year, the South Korean electronics behemoth began the mass production of ASIC miners. The move follows the company’s intentions to claiming Bitmain’s tenuous monopoly in the cryptocurrency accouterments accomplishment market.
Squire Serious About Bitcoin Mining
This latest advertisement signals a answer of the company’s charge to its attack into the cryptocurrency industry. In August, Squire Mining Ltd. announced the development of ‘next generation’ 10nm ASIC chips. At the time, the aggregation anchored a multi-million-dollar clandestine adjustment disinterestedness financing.
As allotment of its plans, Squire Mining entered into a affiliation acceding with Peter Kim to bearing a new aggregation amenable for the ASIC chips development project. There are additionally affairs to actualize a additional next-generation ASIC chip.
Apart from its proposed Bitcoin mining endeavor, Squire additionally affairs to advertise BTC [coin_price] and cryptocurrency mining hardware.
Do you anticipate Squire will be able to attempt agreeably in the Bitcoin mining market? Let us apperceive your thoughts in the animadversion area below.
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