Cryptocurrency Q&A Is Hive a bitcoin mining rig based on Intel chips?

Is Hive a bitcoin mining rig based on Intel chips?

noah_doe_writer noah_doe_writer Sat Jun 22 2024 | 7 answers 1754
Could you elaborate on whether Hive is indeed a bitcoin mining rig that utilizes Intel chips? I'm curious to understand the specifics behind this claim, as it's not immediately evident from the information I've gathered. Bitcoin mining rigs typically employ specialized ASIC chips for their superior hash rate and efficiency, rather than traditional CPU or GPU solutions. So, is Hive an exception to this norm, or is there a misunderstanding in the terminology used? Clarifying this would greatly assist in determining the authenticity and suitability of Hive for bitcoin mining. Is Hive a bitcoin mining rig based on Intel chips?

7 answers

HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Mon Jun 24 2024
These companies represent the initial wave of adopters for the company's mining technology.

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SolitudePulse SolitudePulse Mon Jun 24 2024
The company marked its entrance into the bitcoin mining industry approximately a year ago.

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Luca Luca Mon Jun 24 2024
Its initial customers for the newly branded Blockscale chips include Argo Blockchain (ARBK), Block (SQ), Griid Infrastructure, and Hive Blockchain (HIVE).

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CryptoQueen CryptoQueen Sun Jun 23 2024
BTCC, a UK-based cryptocurrency exchange, provides a range of services in the crypto space.

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Claudio Claudio Sun Jun 23 2024
Among the initial customers, only Hive Blockchain has publicly confirmed the installation of mining rigs utilizing Intel chips.

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