Intel to enter bitcoin mining market

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Leader in blockchain data and infrastructure. Chip manufacturing powerhouse Intel has announced its departure from the Bitcoin mining game as it discontinues production of flagship. Intel could be about to enter the bitcoin mining chip-making industry. The giant chipmaker will present �Bonanza Mine,� an �ultra-low.

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Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Since then only Hive has confirmed the installation of mining rigs powered by Intel chips. Jack Dorsey's fintech-payments company Block SQ recently bought a large number of bitcoin BTC mining chips from Intel INTC , which will accelerate its plans to enter the mining hardware market just as the chipmaker winds down production.