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Samsung Sets Q1 Profit Record with Crypto Mining Boost

Samsung Electronics has reported 58 percent year-on-year growth in its operating profits for Q1 2018 – an increase driven in part by strong demand for cryptocurrency mining chips. During a financial earnings call on Thursday, Robert M. Yi, Samsung’s executive vice president of investor relations, said the profitability increase seen in the firm’s …

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The History of USB Bitcoin Miners

Note: USB Bitcoin miners (aka Stickminers) are not profitable ways to mine Bitcoin. Bitcoin Mining To quickly get up-to-speed on what Bitcoin Mining is all about, check out our introductory guide. Here’s a brief summary of the history: Originally, Bitcoin mining was only performed on desktop or laptops. Remember the …

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