Canada-based Squire Mining said on Tuesday that it had teamed up with Samsung Electronics (KS:005930) and Goanchips to manufacture next-generation application-specific integrated circuit (ASIC) chips.
After announcing its transition from physical to cryptocurrency mining, Squire revealed in August that it had engaged an “undisclosed” design fabrication firm to undertake the back-end design, testing and production of next-generation ASIC chips for mining Bitcoin (BTC), Bitcoin Cash (BCH) and other altcoins. The company has now revealed Goanchips to be its design house and Samsung Electronics to be its foundry partner, manufacturing the 10nm ASIC chips in South Korea.
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