[Cryptography] Samsung Begins Manufacturing ASIC Chips for Mining Cryptocurrency

[Tom Mitchell]

Apparently...

Samsung has designed and will be shipping ASIC Chips for Mining
Cryptocurrency.
Does this have impact on the economics and security of normal encryption.
Short key lengths seem like a bad idea.

"Samsung has confirmed it’s working on cryptocurrency mining chips, but it
refuses to discuss its specific partners. Previous reports claim it’s a
Chinese firm, which would make sense. The low cost of electricity there has
made it a hub of cryptocurrency mining. "
(www.extremetech.com,
By Ryan Whitwam on February 2, 2018 at 9:24 am)



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