Chip Giant Intel Abandons Bitcoin ASIC Production – Bitcoin News

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Chip Giant Intel Abandons Bitcoin ASIC Production – Bitcoin News
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Intel, the world's largest semiconductor chip manufacturer by revenue, appears to be abandoning its bitcoin blockchain chip production.

about the project, and it appears that Intel is discontinuing its bitcoin accelerator production, also known as “Blockscale chips.” Alcorn further notes that “no future generations have been announced.” An Intel spokesperson stated:

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. In addition, Alcorn’s report notes that “Blockscale ASIC landing pages are now all inactive,” and product pages have been “scrubbed.” Intel also informed the reporter that customers have until October 2023 to order chips, but “shipments will end in April 2024.” So far, the dominant force in the ASIC manufacturing industry has been Bitmain, with few competitors. Aside from Bitmain, firms such as Microbt, Canaan, and Innosilicon also operate in this space.

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