Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction.
A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustrationsaid on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction., whose high-end graphics chips became popular for crypto mining.
Intel expects to stop taking orders for the series, called Blockscale, by October 20 this year and end shipping by April 20 next year, according to a document on the company's website. "As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC while we continue to support our Blockscale customers," a company spokesperson said.
IDM 2.0 refers to Intel's strategy to outsource its chip making to outside customers, while it continues to ramp up its own production of smaller and faster chips.Argo Blockchain
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
M&T Bank Corp beats profit estimates as interest income doublesM&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve's rapid rate hikes to tame high inflation boosted the lender's interest income.
Read more »
Twitter Tells Corporate Partners It’s Now X Corp. Amid Switch To ‘Everything App’The transition to X is well underway shortly after the company said in court Twitter, Inc “no longer exists.”
Read more »
Leaked Pentagon Documents: What We KnowMore revelations from the stunning U.S. intelligence breach continue to emerge. Here’s what we know about the leak and who was behind it
Read more »
Graham: Intel leak ‘has done a lot of damage’ to US in Middle EastSen. Lindsey Graham (R-S.C.) said on Sunday that the recent leak of classified information and military documents has been “damaging” to U.S. relations in the Middle East. “I’ve been to Saudi Arabia, I’m in Israel. I can promise you, it’s been very damaging,” Graham told ABC’s Jonathan Karl on “This Week.” “There’s information about Mossad…
Read more »
Russia Claims Only One Percent of Spam Accounts are Detected, According to Leaked Intel DocsThe finding came from the trove of U.S. intelligence documents leaked to Discord.
Read more »
Dutch intel agency paints grim picture of multiple threatsThe Dutch national intelligence agency has painted a grim picture of a growing number of internal and external threats to the rule of law in the Netherlands compounded by Russia’s war in Ukraine, international cyber attacks and espionage. In its annual report, the General Intelligence and Security Service on Monday called China “the biggest threat to the Netherlands’ economic security.” The agency's director-general says that China is targeting the Netherlands as an innovative country that develops new technology. He says that 'every day they try to steal that from the Netherlands.”
Read more »