It is no news that Samsung has been on the front line of creating cutting-edge devices for decades. And this time around, the South Korean company will be producing a 3-nanometer chip processor for Bitcoin mining.
At first, Samsung created a 5-nanometer Bitcoin mining chip that was out to mine Bitcoin. Then, however, there needed to be some adjustments to the 5-nanometer chip processor. Hence, producing a better chip to mine Bitcoin.
This idea was included in the company's initiative in their first quarter of earnings in 2022 to create a 3-nanometer chip processor, which will improve the 5-nm chip.
With Samsung'sSamsung's capacity, it will be producing a 3-nanometer chip processor, which will alleviate difficulties in Bitcoin mining. The 3-nanometer chip is an improvement to the previous 5-nanometer chip processor and will improve its power usage, performance, and area size. The new chip, 3-nm, will be cutting power usage by 45%, decreasing area by 16%, and boosting performance by 23% as opposed to the 5-nm processor.
The chip is produced the same way other chips have been produced – using FinFET. FinFET is the most commercially successful technique to create Nano chips using three surfaces instead of four.
ASIC company is Samsung's first Nano chip customer.
ASIC {Application-Specific Integrated Circuits {ASICs} is Samsung'sSamsung's first customer to receive the 3-nanometer chip processor. The trial fabrication of the chip for ASIC will begin this week.
Read more about bitcoin mining here.
And according to sources, the 3-nanometer chip is only in the trial phase and not the production phase. Therefore, the company keeps its production low while the trial is on.
Pansemi is just Samsung'sSamsung's first customer but not the largest customer; QUALCOMM is the company's largest customer but didn't make it as the first customer to receive the 3-nm chip and here is why.
Both ASIC and QUALCOMM had made reservations for the technology, with both companies agreeing that QUALCOMM could opt-in at any time. However, it seemed as though QUALCOMM was not ready, giving way for ASIC to be the first customer.
The 3-nm chip will revolutionize Bitcoin mining, which is its crucial role. But, aside from that, it will create a healthy relationship among industries to produce higher cutting-edge technologies that would support the crypto space.
For instance, Intel has produced the Blockscale, a mining processor that will create more energy and mine more efficiently at SHA-256. Likewise, TSMC {Taiwan Semiconductor Company} will launch its mining chips. In the end, Samsung inspires other companies to build devices to support the digital space.