Crypto miner HiveBlockchain has deployed its first machines based on Intel’s Blockscale mining chips. egrecehee reports
The new chips not only have the potential to break the effective duopoly of Bitmain and MicroBT in the mining machine market, but also allow mining companies to design computers to their specifications, a major departure from those other manufacturers' models.
However, Hive hasn't released power efficiency data for the machines, a key metric in an environment that has brought miners to their knees over power costs. Intelof 26 joules/terahash for the chips in April, which wouldn't beat Bitmain's S19 XP series, but is on par with or better than other models currently on the market.
More than 1,500 of the Intel-powered machines have already been installed across the miner's facilities in Canada and Sweden and they have met performance targets, the miner said. Hive had initially ordered 13,000 machines to be manufactured in 2022, but reduced the order"to methodically scale the business during the crypto bear market," according to the Friday press release.
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