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Intel amed customers for New Bitcoin Mining Chip At the end o | SIGNAL

Intel amed customers for New Bitcoin Mining Chip

At the end of 2022, Intel will release a specialized bitcoin mining chip, and several companies have already been added to the waiting list. This is stated on the website of the chip manufacturer.

Some of the early clients are Block (formerly Square) by Jack Dorsey, mining companies Argo Blockchain and GRIID Infrastructure. The latter disclosed a deal with Intel in a filing with the SEC.

"Intel will promote an open and secure blockchain ecosystem, and help advance the technology in a responsible and sustainable manner," the company said.

According to the report, the chips will be released on "tiny microcircuits", so their release will have a minimal impact on current production processes. Details were promised to be revealed at the ISSCC international conference in February.