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Author: Admin | 2025-04-28
Have failed with the price of Bitcoin falling gradually over the past 1 year. Companies act to make a profit and they have to consider their costs. Intel's decision may be due to increased operating costs and the loss of popularity of Bitcoin mining. It's easy to blame Bitcoin price for such failure but that's far from the truth, TSMC and Samsung still make a dozen chips for their mining gears manufacturers, and Bitmain and Whatsminer made trucks full of money in recent years despite the drop in BTC price, they both still sell their ASIC miners at prices way above cost price.Intel walked into the room with their big boy pants showing off some crazy efficient numbers, they made everyone thinks that they will dominate the field, but they failed massively to their rivals who have a lot more experience in designing ASIC chips which so happen to be very different from the GPU chips.I am not happy to read the news tho, I want nothing but more competition in the mining sector, but things happen. dansus021 Copper Member Legendary Offline Activity: 2296 Merit: 1034 Part of AOBT - English Translator to Indonesia I dont know why but when Intel joined the trend it seems to fail, If we take a look back couple of year ago intel joined chip for mobile phones but after year struggling they decide to give up on mobile chip and then they want made a discrete GPU and struggle for couple of year
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