March 7, 2022, 1:45AM EST
• 9 min read

SWOT analysis of Intel's Bitcoin mining chip effort

Quick Take

  • While Intel’s first generation of Bitcoin mining chip had adequate specifications, it lost a great deal of efficiency when turning the chips into a miner
  • The $200 billion chip giant is well-capitalized and committed to launching its second generation of SHA-256 ASIC chips, BZM2.
  • Although an Intel customer implied the BZM2 chip’s high efficiency, it is unclear if the BZM2 miner can deliver the same level of competitiveness

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