05 Aug '13, 10am

Billionaire Investor and Samsung Lead CPU Architect Bet On Bitcoin Mining

Billionaire Investor and Samsung Lead CPU Architect Bet On Bitcoin Mining

Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard . Samsung Lead CPU Architect To Head Cointerra Cointerra recently announced their entrance into ASIC bitcoin mining with 28nm chips. Application specific integrated circuits (ASIC) are customized components that perform the calculations necessary for bitcoin mining. The team is lead by Ravi Iyengar, previously the Lead CPU Architect at Samsung where he helped design chips for compact mobile devices such as the Galaxy S4. Iyengar has also previously worked at industry giants Qualcomm and NVIDIA. He is joined by Chief Architect Dr. David Tannenbaum, formerly a principal engineer at NVIDIA, and VP of Engineering Jim O’Connor who brings previous experience from an array of firms including Nortel and General Electric. Two of the big three bitcoin ASIC companies, Avalo...

Full article: http://thegenesisblock.com/billionaire-investor-and-samsu...

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