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Intel will stop manufacturing chips for Bitcoin miners: Report

Published 04/18/2023, 03:20 PM
Updated 04/18/2023, 05:00 PM
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Major United States-based technology company Intel (NASDAQ:INTC) has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.

According to an April 18 Reuters report, the semiconductor chip manufacturing company will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20 and end shipping roughly in April 2024. Intel reportedly said the move was aimed at a strategy of prioritizing the manufacturing of certain chips to outside customers, cutting overall costs.

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Latest comments

CHINA will product another better chip for bitcoin
CHINA will product, another better chip,for bitcoin
you do that and we quit buying your products
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