Intel Closes Sale For Its Upcoming Bitcoin Mining Chip

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Market leader in computer chip manufacturing Intel has already secured at least one buyer for its upcoming bitcoin mining chips, according to a registration statement filed last month with the U.S. Securities and Exchange Commission (SEC).

The deal was first reported by Fox Business and provides bitcoin miner GRIID with fixed-price bitcoin mining ASIC hardware by Intel for orders placed before May 2023 as the world’s biggest chipmaker tiptoes into the industry.

Intel and GRIID agreed on the purchase this past September, but the disclosure was only made public a few months later through the filing.

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