Founded in 2017, cryptocurrency mining company HIVE Blockchain Technologies will purchase Intel’s high-performance chipsets.
According to a March 7 press release, HIVE Blockchain has partnered with Intel to purchase high-performance mining chipsets that can be incorporated into cutting-edge mining equipment that will be custom-designed for them. announced that they have signed a supply agreement.
Hive Blockchain, in agreement with Intel, at one of its renewable energy centers in Texas 100 Megawatts announced that it will establish a mining facility with a high capacity. This facility is HIVE’s first in the US. mining will be the facility.
HIVE will also require companies specializing in electronics manufacturing to make a deal to integrate Intel’s chipsets into their Bitcoin mining systems. Mining devices with integrated Intel product 2022 of the year from the 2nd half It is planned to be used later. In addition, with this integration, Bitcoin mining hash rate will increase by 95% is estimated.
HIVE President and COO Aydın Kılıç made a statement on the subject:
We had been in careful planning for a long time. We are excited to make this deal with a global technology company like Intel. With the Intel supply agreement and the integration to be provided, we will stand out from our competitors. We expect Intel’s low-energy high-performance blockchain accelerator to reduce our power consumption compared to current ASIC devices on the market.
said.
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