Intel has launched Blockscale ASIC for energy-efficient blockchain hashing

Crypto is here to stay, and while it is not good news for the environment, there is no stopping the mining. A few tech giants are focusing on solving the issues by developing chips that can facilitate energy-efficient blockchain hashing, and one of them is Intel.  Intel has established its new Intel Blockchain ASIC (application-specific integrated…

Intel to enter crypto mining business with energy-efficient mining chips

Intel is investing in blockchain technology with a latest chip designed to mine cryptos. On Friday the chipmaker said that it will start selling the chip customized to mine Bitcoin and other cryptos later this year. Block, (previously Square) and two mining businesses, Grid Infrastructure and Agro Blockchain, are among the first customers. Mining is…