Intel announces end of production of bit coin mining chip
Intel has announced that it will end production without releasing a successor model to the `` Blockscale '' series, a dedicated bitcoin mining chip that it has been working on since 2022.
Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced | Tom's Hardware
Intel axes Blockscale cryptomining ASICs it debuted in 2022 • The Register
Intel ends its bitcoin mining chip series | Reuters
In February 2022, Intel decided to enter the virtual currency mining and blockchain market and announced the `` Blockscale 1000 '' series of ASICs (application-specific integrated circuits) specialized for Bitcoin mining applications.
The possibility that Intel is developing a chip dedicated to virtual currency mining suddenly rises, entering the mining market - GIGAZINE
However, it has become clear that this series will end in just one year, orders will be stopped on October 20, 2023, and shipments will end by April 20, 2024.
According to Intel, the end of the Blockscale series is to focus investment on
Intel CEO Pat Gelsinger revealed on March 22, 2023 that senior vice president Raja M. Koduri, who was working on the mining chip business, left the company. Raja M. Koduri plans to establish an AI software company in the future.
Thank you @RajaXg for your many contributions to Intel tech & architecture-especially w/high-performance graphics that helped bring 3 new product lines to market in '22. Wishing you success as you create a new software co. around generative AI for gaming , media & entertainment.
— Pat Gelsinger (@PGelsinger) March 21, 2023
Under the CEO of Gelsinger, Intel is proceeding with the organization of unprofitable departments and businesses, and recently announced that it will withdraw from the server business and sell the data center department to MiTAC.
Intel withdraws from server business, sells data center division to Taiwan's MiTAC - GIGAZINE
In addition, NVIDIA also released a mining CPU in 2021, but in 2023 it shows the view that `` virtual currency is of no use to society' '.
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in Hardware, Posted by logc_nt