Intel Begins Deliveries of Bitcoin Mining Chip to Selected Customers

Intel has just announced it has begun the deliveries of its Bitcoin mining ASIC chip to select customers.

Raja Koduri, senior vice president of Intel’s Architecture, Graphics and Software Division, has said:

“The Intel AXG Custom Compute team is now shipping ASIC Blockscale! The first product is always unforgettable, congratulations to the team. Great to see Argo Blockchain, GRIID Infrastructure and HIVE Blockchain improvise with Blockscale and our open source design.”

The company unveiled in February the Bonanza Mine, its first dedicated chip for Bitcoin mining.

Intel announced the next month the second generation of the Bitcoin mining chip Blockscale, which according to the media is 15% more efficient than the devices made by the company’s rivals.

Intel has said that HIVE Blockchain Technologies, Argo Blockchain, GRIID Infrastructure and Jack Dorsey’s Block are some of the first customers of Blockscale.

HIVE Blockchain Technologies has said:

“HIVE is proud to partner with Intel. We can’t wait to use the new ASICs for BTC mining.”