Mining • September 26, 2018, 10:29AM EDT

Samsung to manufacturer ASIC chips for Canadian crypto mining firm

Read the non-AMP story on Theblock.co
The Block

Squire, a Canada-based crypto mining firm, announced a partnership with Gaonchips and Samsung Electronics to design and manufacture ASIC mining chips. The ASIC chips will be used to mine Bitcoin, Bitcoin Cash, and other associated cryptocurrencies. Squire previously raised ~$20M to develop cryptocurrency mining equipment. (Source: CCN)