Nanotechnology in Samsung's new manufacturing node can help mine Bitcoin with a high level of energy efficiency.
Samsung has unveiled a new manufacturing node using nanosheet technology that promises to reduce energy consumption by up to 45% and increase performance by up to 23%. It is also 16% smaller than its previous generation of microprocessors and semiconductors.
This is one of the first world's 3 nanometer (nm) manufacturing nodes created with Gate-All-Around (GAA) technology from Samsung, one of the world's leading chip manufacturing and nanolithography companies.
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Samsung's new 3nm node is a perfect candidate for manufacturing wafers for next-generation ASIC chips, which can be used to mine Bitcoin more efficiently.
In fact, the nanosheet allows for a significant reduction in energy consumption and improved efficiency in ASICs. According to Bitcoin mining analysis site Hashrate Index, the first customer for this innovative product is PanSemi, a subsidiary of Chinese ASIC manufacturer MicroBT.
Samsung's technology for mining Bitcoin efficiently
Samsung's new nanosheet is intended to deliver superior performance as the need grows to handle large amounts of data to verify complex products with more features and tighter scaling, the company said.
Samsung also explained that its patented technology, used in the manufacture of the new nanosheet, makes use of techniques that ensure greater energy efficiency.
The first generation of this 3nm node can boost power and performance by up to 45% compared to Samsung's previous 5nm node generation. However, the company is planning to launch a second generation 3nm node that promises to increase these benefits even more significantly.
In release Samsung mentions that the second generation of this 3-nanometer node will reduce energy consumption by 50%. In addition, it will improve performance by 30% and reduce surface area by 35%.
Samsung's new node and its availability for Bitcoin mining is a boon for the crypto industry amid growing concerns over semiconductor shortages.
Other major chipmakers, such as global leader TSMC, which supplies miners like Bitmain and Canaan, are also grappling with this problem globally.
Accelerating technological development and maturity
Samsung has been manufacturing ASIC mining chips since 2018, expanding its business into one of the most emerging and valued industries of the past 10 years.
Now, with the new 3-nanometer node, Samsung wants to continue diversifying its products and strengthening its presence in the field of cryptocurrency mining.
Dr. Siyoung Choi, President and Head of Foundry Business at Samsung Electronics, said the company will continue to actively innovate in the development of new technologies to accelerate technological maturity and deliver efficient solutions to meet the demands and needs of its customers.
Samsung experiments with Blockchain, NFTs and more
In addition to its foray into the field of Bitcoin mining, Samsung has also been gaining a presence in the blockchain industry, as well as in the NFT and crypto investment sectors.
Samsung has become the first major consumer brand to bring Theta Network blockchain streaming to its millions of users worldwide via its smartphones and the first to turn one of its flagship products, the Galaxy series smartphones, into cryptocurrency wallets. Integrated with Ledger, thanks to an alliance signed with this company at the beginning of 2021.
In January of this year, the company incorporated NFT buying and selling services on its new generation of smart TVs, to bring digital art and crypto-collectibles closer to its millions of users from the comfort of their homes.
First, it reported on the development of an NFT browser, which its customers can use to browse and preview non-fungible tokens. Then, in mid-February, it launched its first NFT collection and opened a club with these digital assets on Theta Labs’ ThetaDrop marketplace platform. In April, it signed a partnership with NFT marketplace Nifty Gateway to reinforce its goals in the NFT world.
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