Intel will cease manufacturing chips for Bitcoin miners: Report

Main United States-based expertise firm Intel (NASDAQ:) has reportedly introduced plans to discontinue its line of Blockscale mining chips as a part of efforts to chop prices.

In keeping with an April 18 Reuters report, the semiconductor chip manufacturing firm will cease taking orders for the Blockscale 1000 Collection ASICs by Oct. 20 and finish transport roughly in April 2024. Intel reportedly mentioned the transfer was aimed toward a method of prioritizing the manufacturing of sure chips to outdoors prospects, reducing general prices.

Proceed Studying on Coin Telegraph