{"id":63935,"date":"2022-07-05T11:44:11","date_gmt":"2022-07-05T08:44:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63935"},"modified":"2025-09-06T11:40:30","modified_gmt":"2025-09-06T08:40:30","slug":"intel-begins-shipments-of-bitcoin-mining-asic","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/intel-begins-shipments-of-bitcoin-mining-asic\/","title":{"rendered":"Intel begins shipments of Bitcoin-mining ASIC"},"content":{"rendered":"<p>Intel announced the start of deliveries of an ASIC chip for Bitcoin mining to selected customers.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Intel AXG Custom Compute team is now shipping the Blockscale ASIC! First product will always be unforgettable, congratulations team\ud83d\udc4d <br \/>Excited to see how <a href=\"https:\/\/twitter.com\/ArgoBlockchain?ref_src=twsrc%5Etfw\">@ArgoBlockchain<\/a> <a href=\"https:\/\/twitter.com\/griid?ref_src=twsrc%5Etfw\">@griid<\/a> and <a href=\"https:\/\/twitter.com\/HiveBlockchain?ref_src=twsrc%5Etfw\">@HiveBlockchain<\/a> improvise around Blockscale and our open design. <a href=\"https:\/\/t.co\/0rxtNTLMfw\">pic.twitter.com\/0rxtNTLMfw<\/a><\/p>\n<p>\u2014 Raja Koduri (Bali Makaradhwaja) (@RajaXg) <a href=\"https:\/\/twitter.com\/RajaXg\/status\/1542214091426521089?ref_src=twsrc%5Etfw\">June 29, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Raja Koduri, senior vice president of Intel&#8217;s Architecture, Graphics and Software division, wrote on Twitter:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe Intel AXG Custom Compute team is now shipping the Blockscale ASIC! The first product will always be unforgettable; congrats to the team. Proud to see Argo Blockchain, GRIID Infrastructure and HIVE Blockchain improvise around Blockscale and our open design.\u201d<\/p>\n<\/blockquote>\n<p>In February the company <a href=\"https:\/\/u1f987.com\/en\/news\/intel-unveils-bitcoin-asic-miner-built-on-its-own-bonanza-mine-chip\">presented<\/a> the first specialized chip for mining digital gold Bonanza Mine. The ASIC specifications were significantly lower than market leaders.<\/p>\n<p>In April Intel <a href=\"https:\/\/u1f987.com\/en\/news\/intel-unveils-new-bitcoin-mining-chip\">announced<\/a> the second generation of the chip for Bitcoin mining Blockscale. Journalists found information confirming that the manufacturer\u2019s ASIC <a href=\"https:\/\/u1f987.com\/en\/news\/media-claim-intels-bitcoin-miners-have-the-edge-over-rivals\">outperforms competitors<\/a> in efficiency by about 15%.<\/p>\n<p>Among the first Blockscale customers named by the company were HIVE Blockchain Technologies, Argo Blockchain, GRIID Infrastructure and Block \u0414\u0436\u0435\u043a\u0430 \u0414\u043e\u0440\u0441\u0438. The latter firm is not mentioned in Koduri&#8217;s tweet about the start of deliveries.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cHIVE is proud to partner with Intel. We can\u2019t wait to use the new ASICs for mining BTC,\u201d the Canadian company said in response.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24HIVE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$HIVE<\/a> is proud to have partnered with <a href=\"https:\/\/twitter.com\/intel?ref_src=twsrc%5Etfw\">@intel<\/a>, and we can\u2019t wait to put the new ASICs to good use mining <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>! <a href=\"https:\/\/t.co\/qDWKnU95MI\">https:\/\/t.co\/qDWKnU95MI<\/a><\/p>\n<p>\u2014 H I V E (@HiveBlockchain) <a href=\"https:\/\/twitter.com\/HiveBlockchain\/status\/1542248413558972416?ref_src=twsrc%5Etfw\">June 29, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Mining company <a href=\"https:\/\/u1f987.com\/en\/news\/hive-blockchain-to-buy-bitcoin-miners-from-intel\">entered into a deal with the chipmaker<\/a> to purchase Bitcoin mining equipment in March. Deliveries were expected to begin in the second half of the year. In June HIVE <a href=\"https:\/\/u1f987.com\/en\/news\/hive-blockchain-sells-10000-eth-to-fund-intel-based-bitcoin-miners\">sold around 10 000 ETH<\/a> to \u201cfinance strategic relationships\u201d with Intel.<\/p>\n<p>Argo Blockchain expressed thanks to the chip maker and to Koduri personally.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Thanks, <a href=\"https:\/\/twitter.com\/RajaXg?ref_src=twsrc%5Etfw\">@RajaXg<\/a> and <a href=\"https:\/\/twitter.com\/intel?ref_src=twsrc%5Etfw\">@intel<\/a>. We\u2019re excited to be innovating with these new ASIC chips in our custom immersion mining rigs. Our thanks to <a href=\"https:\/\/twitter.com\/ePICBlockchain?ref_src=twsrc%5Etfw\">@ePICBlockchain<\/a> for joining us on the ride. <a href=\"https:\/\/t.co\/pKlxDjkm08\">https:\/\/t.co\/pKlxDjkm08<\/a><\/p>\n<p>\u2014 Argo (@ArgoBlockchain) <a href=\"https:\/\/twitter.com\/ArgoBlockchain\/status\/1542220064321052673?ref_src=twsrc%5Etfw\">June 29, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are very excited to bring innovations with these new ASIC chips to our custom immersion mining rigs. We thank ePIC Blockchain Technologies for joining us on this journey,\u201d the company said.<\/p>\n<\/blockquote>\n<p>In May Argo Blockchain signed with ePIC Blockchain <a href=\"https:\/\/u1f987.com\/en\/news\/argo-blockchain-cuts-bitcoin-production-by-25\">an agreement to purchase 6,600 Bitcoin miners<\/a> based on Blockscale. The contract provides for the option to order up to a further 23 400 units.<\/p>\n<p>In February, Intel CEO Pat Gelsinger <a href=\"https:\/\/u1f987.com\/en\/news\/intel-ceo-criticises-bitcoin-for-its-environmental-impact\">criticised Bitcoin<\/a> for its environmental impact and said that the company\u2019s ASIC chip would help the technology develop in a responsible and sustainable manner.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel announced the start of deliveries of an ASIC chip for Bitcoin mining to selected customers.<\/p>\n","protected":false},"author":1,"featured_media":63936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,736],"class_list":["post-63935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-intel"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63935"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63935\/revisions"}],"predecessor-version":[{"id":63937,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63935\/revisions\/63937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/63936"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}