The company will use the chips in their air-cooled mining devices and, as such, is expected to double its mining rate with them. The new Texas operation will be the first for Hive in the U.S., and is expected to commence during the back end of 2022.
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Hive Blockchain Technology, a publically traded crypto mining operation, will be purchasing ASIC chips from Intel to use in new “custom mining devices.” So reports Cointelegraph.
The company will use the chips in their air-cooled mining devices and, as such, is expected to double its mining rate with them. The new Texas operation will be the first for Hive in the U.S., and is expected to commence during the back end of 2022.