Intel to Discontinue Its First-Generation Blockscale 1000 Series Bitcoin Mining Chip Line

According to Tom's Hardware, Intel announced the discontinuation of its first-generation Blockscale 1000 series bitcoin mining chip product line, and did not announce the next generation of bitcoin mining products. Intel stated, “Due to our priority investment in IDM 2.0, we have ended the life cycle of the Intel Blockscale 1000 series ASIC, while we continue to support our Blockscale customers.” Regarding whether it plans to fully launch the Bitcoin ASIC business, Intel responded that “we will Continue to monitor market opportunities". Foresight News noted that in February 2022, Intel Senior Vice President Raja M. Koduri issued a document stating that he will participate in and promote an open and secure blockchain ecosystem and will release its blockchain accelerator.