- Hive said an original design manufacturer (ODM) will incorporate the Intel (INTC) chips into an air-cooled bitcoin mining system. The system is expected to be delivered over a period of 12 months starting in the second half of 2022.
- Intel revealed the details of the first generation of its mining chip, which failed to match current rivals, at a semiconductor conference in February. However, it is the second generation that will be shipped to Hive as well as to peers Griid, Argo Blockchain and Block (formerly Square) later this year.
- Last month, Griid said Intel’s second-generation mining machine, Bonanza Miner 2, will be the second most efficient on the market with a hashrate of 135 terahash/second (TH/s) at an electricity efficiency of 26 joules/terahash (J/TH).
- Vancouver, British Columbia-based Hive also signed a deal with Compute North to deploy 100 megawatts of miners at a Texas facility that is run by renewable energy.
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