It is reported that Intel, a major technology company in the United States. It has announced plans to end its production of Bitcoin mining chips, called Blockscale, as part of its efforts to cut costs.
According to a Reuters report on April 18, Intel willstopOrders for the Blocksscale 1000 series ASICs are being accepted by Oct. 20, and estimated shipments will end in April 2024. According to Intel, the halt follows a production prioritization strategy. Some chips to external clients and to reduce overall costs
Intel released its Blocksscale mining chip in April 2022, saying at the time that its ASIC hardware would have a hash rate of up to 580 gigahes per second, with Argo Blockchain, Block, Hive Blockchain Technologies, and GRIID Infrastructure. It was one of the first companies to use
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