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Intel Blockscale ASIC, New Bitcoin Mining Chip arrives in Q3 2022

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Yukesh Prabhu
Yukesh Prabhu
A dedicated student of Journalism with high aspiration in Reporting and content writing. A keen communicator and researcher with an expertise in content curation.

Chip-making giant Intel has announced a spanking new cryptocurrency mining Chip named Blockscale, Intel’s new chip will be more energy-efficient than before at SHA-256 hashing, which has been a popular thing used in digital currency mining.

Everyone in the tech industry is flabbergasted after hearing the news. Whereas Intel also confirms there won’t be any inappropriate comprises in the production of its CPUs and GPUs. Markedly, an eerie thing is taking place in the making of Blockscale, “silicon material enhancing this new technology.”

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It marks that the process node of the Blockscale will be presented on the system with the assumed older technology won’t be similar to the node used in its CPUs. But, this might also indicate that there aren’t any traditional or outdated things is being outmoded in the process of Blockscale; rather, it will be a new node.

Moreover, we wouldn’t assure it is its home-brewed material. The first generation test unit was confirmed to be embracing a 7nm process node. As of the time being, it isn’t cleared yet, that Intel will be using its node or rivals’ node, given the fact that Intel has now been buying goods from TSMC even though it has manufacturers all around the globe.

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The first batch of Block scale arrives in Q3 of this year to the registered clients. As we delve into the press release, it shows that the Blockscale ASIC is a chipset and not a mining device as everyone anticipated. Each organization can use it to enhance its miners. The press release of Intel state, “Shipments of Intel Blockscale ASIC to customers, will begin in the third quarter of 2022.  Argo Blockchain, Block Inc., Hive Blockchain Technologies, and GRIID Infrastructure will be among the first companies to develop new systems based on Intel’s ASIC.” 

“Today, we at Intel declare our intent to contribute to developing blockchain technologies with a roadmap of energy-efficient accelerators. Intel will engage and promote an open and secure blockchain ecosystem and help advance this technology responsibly and sustainably.”  

 

“Momentum around blockchain continues to build. It enables decentralized and distributed computing, making way for innovative business models. To power this new era of computing, Intel is delivering solutions that can offer an optimal balance of hashing throughput and energy efficiency regardless of a customer’s operating environment.” 

“The Intel Blockscale ASIC will play a major role in helping bitcoin mining companies achieve both sustainability and hash rate scaling objectives in the years ahead.” 

The company doesn’t want to be involved in the rumpled roots. The team is clarified all the timely questions about the Silicon shortage and vowed that Blockscale ASIC chips’ fabrication would be the epitome of the Blockchain chips and won’t affect the global silicon in any possible way. Intel has been serving as an effective tool to solve the perceived energy problem, and their PR campaign has already been magisterial. 

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