.intel puts a pause on Bitcoin mining chips! The company's decision to discontinue its line of Blockscale ASICs aims to prioritize certain chip manufacturing to outside customers and cut costs.
Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.taking orders for the Blockscale 1000 Series ASICs by Oct. 20 and end shipping roughly in April 2024.
Intel reportedly said the move was aimed at a strategy of prioritizing the manufacturing of certain chips to outside customers, cutting overall costs.in April 2022, saying at the time the ASIC hardware would have a hash rate of up to 580 gigahash per second with each chip capable of being combined and merged into a single mining unit.
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