Samsung busy creating cryptocurrency chips

South Korea's company builds chips for Samsung Devices. Even recently, they have surpassed Intel's top chip maker. But Intel did not stop giving an excuse to Samsung, instead they started work on creating special chips for cryptococcernes, Techcrunch said.

Samsung has said that they are designing chips for cryptocarcane mineing like Bitcoin or Etherium. A spokeswoman for the company said in TechCrunch, "Samsung is busy working on cryptorchy mining chips right now. But I can not give more details about this at this time.

In addition to providing information on Samsung chips, they also released their latest quarterly estimates. Samsung made a net profit of $ 150 billion in the fourth quarter of 2017.

Generally, this cryptococardary chip is specially made to accomplish a specific task. Last year Samsung finished making Bitcoin related asych chips. However, this kind of chip production will start in a bigger range this month.