Intel, a major semiconductor company, will end the production of Bitcoin (BTC) mining chip “Blocksale”. The company told CoinDesk in a statement on April 18. Blocksale production was announced just over a year ago.
“As we prioritize investments in our new strategy, IDM 2.0 (announced in March 2021), we will discontinue production of the Blockscale 1000 series ASICs (application-specific integrated circuits). We will continue to support Blockscale customers. an Intel spokesperson said. The news was first reported by Tom’s Hardware.
According to Intel’s website, orders will not be accepted after October 20, 2023, and the last product will ship by April 20, 2024 at the latest.
The company announced its entry into bitcoin mining about a year ago, with the first customers of its ASIC, dubbed Blocksale, Argo Blockchain, Block and Griid Infrastructure. , Hive Blockchain.
Since then, however, only Hive has been confirmed to have mining machines powered by Intel ASICs. We reached out to the companies for comment on this article, but none of them responded.
Algo partner ePIC Blockchain is promoting its own BTC mining machine using Intel ASICs.
Intel ASICs have broken the virtual oligopoly of the market held by Bitmain and MicroBT. “We continue to monitor market opportunities,” said a spokesperson when asked if Intel might announce new projects.
｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
｜Image: Intel semiconductor (Slejven Djurakovic/unsplash)
| Original: Intel Discontinues Bitcoin Mining Chip Series
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