Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction.
A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustrationsaid on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction., whose high-end graphics chips became popular for crypto mining.
Intel expects to stop taking orders for the series, called Blockscale, by October 20 this year and end shipping by April 20 next year, according to a document on the company's website. "As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC while we continue to support our Blockscale customers," a company spokesperson said.
IDM 2.0 refers to Intel's strategy to outsource its chip making to outside customers, while it continues to ramp up its own production of smaller and faster chips.Argo Blockchain
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