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Crypto inferno: Intel's Bitcoin-mining Blockscale ASIC to arrive in Q3

mark l 2 Silver badge

"The compute requirements for blockchains utilizing proof-of-work consensus mechanisms is growing rapidly, Intel says, and requires an enormous amount of energy, citing this as its motivation for developing Blockscale – delivering new technologies that can provide the requisite power in a more energy-efficient manner."

Or more likely, they want to get on the gravy train and make some quick money selling kit which will become completely useless once the crypto bubble bursts, or more cypto currencies switch away from proof of work.

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