Intel said it is developing a chip designed specifically for cryptomining, which will be released by the end of the year.
In an interview with Bloomberg, Intel CEO Patrick Gelsinger said, that the company's innovative development will provide performance 1000 times higher than that of GPUs existing on the market today.Gelsinger didn't share details about the new chip, but promised to shed more light on its architecture at the International Solid-State Circuits Conference (ISSCC) in a couple of days.
It is already known that one of the first buyers of the new product from Intel will be the Block company, headed by former Twitter CEO Jack Dorsey.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Bitmain expands its mining center in Israel
A Chinese mining company plans to hire three times its staff to expand its Ra'anana office operations. (South Sharon, Israel)
What happened to Bitcoin mining in 2021?
Miners who mine Bitcoin were able to earn more than $15 billion in 2021. However, judging by the dynamics of the main cryptocurrency this year, this is far from the limit of their income. What happened to mining in 2021 and what awaits it next?
