Intel Starts Shipping Its Bitcoin Mining Rig As Cryptocurrencies Crash

In a recent tweet, Raja Koduri, executive VP and general manager of Intel's Accelerated Computing Systems and Graphics (AXG) Group, announced that Intel has started shipping its Bitcoin mining rig just as the cryptocurrencies are crashing.

In January, when Bitcoin was worth twice as much as it is now and hardware was in high demand, Intel revealed that it was creating Blockscale ASICs. After the market has had its fill, which is often when Intel starts shipping its hardware (I'm looking at you, Arc GPUs), it is releasing its second generation.

Despite this, the Blockscale ASIC is a fantastic chip. It hashes Bitcoin at up to 580 GH/s while consuming only 4.8-22.7W and measuring 7 mm by 7.5 mm (gigahash per second). However, it can only do SHA-256 proof-of-work calculations.

At the end of last week, Raja Koduri, executive vice president and general manager of Intel's Accelerated Computing Systems and Graphics (AXG) Group, tweeted the news.

https://twitter.com/RajaXg/sta...

Limited Time

Full Access

$10
Monthly

Included:

  • Access to All Articles.
  • One Plan. No Tiers.
  • No Ads.
  • Cancel anytime.
register now

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].