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Intel to enter crypto space with blockchain accelerator shipping later this year

Published 02/11/2022, 02:40 PM
Updated 02/12/2022, 04:20 PM

On Friday, Raja M. Koduri, senior vice president of accelerated computing systems and graphics group at Intel (NASDAQ:INTC), declared their intent to contribute to the development of blockchain technologies, beginning with the introduction of energy-efficient crypto mining accelerators that will be released this year. Previously, Intel had announced it would unveil the next generation of Application-Specific Integrated Circuit mining machines at the next International Solid-State Circuits Conference later this month.

The company would also form a new International Solid-State Circuits Conference within Koduri's division. It would be responsible for building custom silicon platforms for optimizing blockchain mining performance and the design of supercomputers.

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