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Samsung is Now Building Cryptocurrency Mining Chips

Samsung has confirmed that it has begun manufacturing ASIC chips in partnership with an unidentified Chinese mining company which is used to mine bitcoin, ether and other cryptocurrencies. A spokesperson for the firm told TechCrunch: “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However, we are unable to disclose

Reliance Jio plans to create its own cryptocurrency, JioCoin!

Reliance Jio Infocomm Ltd plans to create its own cryptocurrency, with Mukesh Ambani’s elder son Akash Ambani leading and expected to head the JioCoin project under Reliance Jio. Reliance Jio plans to build a 50-member team of young professionals to work on blockchain technology. Cryptocurrencies are digital or virtual currencies that use