Samsung to manufacturer ASIC chips for Canadian crypto mining firm
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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)
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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