Intel has announced that’s its Blockscale 1000-series Bitcoin mining chips are toast and won’t be replaced with a new generation. The news comes just a year after the first Intel Blockscale processors hit the market.
Speaking to Tom’s Hardware, Intel said the move was part of a broader focus on its IDM 2.0 strategy, which has seen Intel tightening its belt and focusing on core operations and products.
Several business units have been closed, wound down or sold off as a consequence, including Optane memory products, its whole SSD division, 5G modems and more. Suffice to say, even before IDM 2.0 Intel had something of a track record for dabbling in new markets only to abruptly exit just as the endeavour seemed to be taking off.
According to the Intel “end of life” notice…