Intel Launches Powerful Blockchain Chip

 Intel Chip for Bitcoin Mining and NFT Minting On Friday, February 11, Intel Corp unveiled a new chip for blockchain applications such as Bitcoin Mining and NFT mining to take advantage of the growing benefits of cryptocurrencies. Intel claims that its chip is a “fast” power processor designed to accelerate blockchain performance that requires a lot of computing power and therefore a lot of power consumption. Blockchains serve as public bank accounts that record transactions on computer networks and have gained popularity in recent years. Its status display also caused a lot of noise and phrases like “Web.3” and “NFT” which influenced the launch of the technology. The explosion will spread to early customers later this year, including Block Inc, led by Jack Dorsey (former Twitter CEO), who recently changed his name from Square Inc to show interest in growing on the blockchain. As part of strengthening its presence and footprint, Intel has introduced a new division called the Custom...