Tag: Blockscale

Intel discontinues its first-gen Blockscale ASICs for bitcoin mining

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Intel has declared the end of its first-generation Blockscale 1000-series ASICs for bitcoin (BTC) mining just one year after its official launch.  The company has yet to make any plans for different chip generations public.  According to Tomshardware, Intel, an American top technology company that manufactures semiconductor chips, has stated that it will stop producing its Blockscale 1000-series ASICs for bitcoin mining a year after their official launch. The company has claimed that it will continue…

Intel Ships Blockscale ASIC Chips To Selected Bitcoin Mining Companies

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It’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here. Under normal circumstances, infrastructural support from a multinational company like Intel would be tremendous for the bitcoin market. How will it react in the middle of all this chaos? Will it react at all? The news didn’t immediately do much, but the long-term effect remains to be seen. Intel AXG Custom Compute team is now shipping the Blockscale ASIC! First product will…

Intel launches new Bitcoin mining chip Blockscale

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On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption. As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash (J/TH). Each chip can be combined and merged into a single mining unit, increasing its output…