Intel said it is ending production of its Blocksale chips, dedicated to Bitcoin mining.
Bitcoin mining and the discontinuation of production of Intel’s Blocksale chips
According to reports by CoinDesk, big tech Intel has reportedly declared that it is ending its production of its series of chips dedicated to Bitcoin mining.
These are the so-called Intel Blockscale 1000 Series ASIC chips that will apparently see their end of production soon.
And indeed, an Intel spokesperson stated the following:
“As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to support our Blockscale customers.”
Still, Intel’s chips could have broken an effective duopoly in the dedicated Bitcoin mining market, dominated mainly by Bitmain and MicroBT.
Still, the company said it will continue to monitor market opportunities, perhaps to unveil a new design.
Bitcoin mining: no more Blocksal
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