Samsung Partners With Squire to Build ASIC Crypto Mining Chips

Canadian firm Squire Mining Ltd has roped in Samsung Electronics to manufacture ASIC chips which are used to mine cryptocurrencies.
Samsung On The ASIC Chip Train
The publicly listed company, which is transitioning from physical to digital mining, confirms in its press release that it has established a design house in South Korea. Samsung, also headquartered in the East Asian country, will lend its foundry services to the said design house to mass-produce crypto mining chips.
ASIC, which stands