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Just a year ago, Intel launched a line of Blockscale chips specifically for cryptocurrency mining, but management decided to abandon the production of chips for ASIC miners.
According to a representative of the largestmanufacturer of PC processors, it was decided to announce the discontinuation of the Intel Blockscale 1000 line of ASIC miners. At the same time, in the coming months the company will continue to support customers who have already purchased the equipment. When asked whether there are plans to release next generations of mining chips, the representative said that there are no such plans yet, but “the company will monitor the market situation.”
Recall that chips from the Intel Blockscale linewere launched last spring. At the time, Jose Rios, manager of blockchain and business solutions at Intel's Computing Systems Group, said that Intel chips "will play a big role for mining companies in achieving their goals." However, over the course of the year, the company's interest in mining declined. The reason for abandoning ASIC miners was also Intel's cost-cutting policy.
Earlier it was reported that Intel purchased equipment
mining company Hive Blockchain.
