Intel will stop manufacturing chips for Bitcoin miners: Report By Cointelegraph
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Major United States-based technology company Intel (NASDAQ:) has reportedly announced plans to discontinue its line of Blockscale mining chips as part of efforts to cut costs.
According to an April 18 Reuters report, the semiconductor chip manufacturing company will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20 and end shipping roughly in April 2024. Intel reportedly said the move was aimed at a strategy of prioritizing the manufacturing of certain chips to outside customers, cutting overall costs.
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© Ink Drop
Major United States-based technology company Intel (NASDAQ:) has reportedly announced plans to discontinue its line of Blockscale mining chips as part of efforts to cut costs.
According to an April 18 Reuters report, the semiconductor chip manufacturing company will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20 and end shipping roughly in April 2024. Intel reportedly said the move was aimed at a strategy of prioritizing the manufacturing of certain chips to outside customers, cutting overall costs.
Continue Reading on Coin Telegraph
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