Intel To Launch Blockscale Bitcoin Mining Special Chip

Intel released the latest Bitcoin mining chip that is more efficient. (Between)

JAKARTA – An American chip manufacturer, Intel, announced that it will launch a chip for crypto mining, Blockscale. Intel has leaked the latest generation of application-specific integrated circuits (ASICs).

Reporting from U.Today, the second generation Bitcoin mining chip is able to offer an impressive hash rate of 580 GH/s while maintaining power efficiency at 26 J/TH. This chip has voltage and temperature sensing capabilities.

By launching the chip, Intel is becoming a threat to the Bitcoin mining industry. In this case, it has the potential to shake the dominance of MicroBT and Bitmain. Both are Bitcoin mining companies from China that dominate this industrial sector. Blockscale offers efficiencies that ASIC manufacturers don't have.

Bitcoin Magazine reports that Jose Rios, General Manager of Business Solutions and Blockchain Intel Accelerated Graphics and Computing Systems Group, said Blockscale ASICs will play a major role in helping Bitcoin mining companies achieve sustainability goals and increase hash rates in the future.

The latest generation of Bitcoin mining chips can be obtained by customers in the 3rd quarter of 2022. A number of crypto mining companies including Argo Blockchain and Hive Blockchain have lined up to get Intel's latest ASIC.