Benchmark tests of the Arc graphics card series, which Intel is expected to compete with NVIDIA recently, appeared. Another new development about the company has emerged about crypto mining chips.
Intel has started the distribution of the second generation Blockscale ASIC, the mining chip it has developed for a long time for SHA-256 type cryptocurrencies such as Bitcoin. It is quite significant that the distributions started at the time of the collapse of cryptocurrencies.
What Is Intel’s Second Generation Blockscale ASIC?
Intel announced that it was developing Blockscale ASICs in January, when Bitcoin was highly valued and demand for cryptomining hardware surged. These Blockscale ASICs are used as chips in crypto mining machines. The company seems to have jumped to the second generation version without sharing any information about the first generation Blockscale ASIC. This may indicate a full-fledged Blockscale ASIC chip.
Especially after the recent collapse of Bitcoin and alt coins, miners using old-fashioned mining devices are pulling the plug of their equipment one by one, while many miners are switching to new generation mining hardware. Thanks to these new chips, Intel also paves the way for more mining with less electricity consumption. According to experts, mining equipment to be created thanks to these chips, Bitcoin and altcoins may rise again in the coming months.
Cryptocurrency experts claimed that mining equipment equipped with the second generation ASIC will be introduced in the coming weeks.
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