Intel is investing in blockchain technology with a new crypto chip that is designed to be energy efficient.
On Friday, Intel Corp. has launched a new chip for blockchain apps like Bitcoin mining and minting NFTs.
The firstcrypto chip by Intel is called the blockchain accelerator,which is set to ship later this year.
The company says the chip will be available at the International Solid-State Circuits Conference on 20 February.
ASIC (app-specific integrated circuits, a chip designed for one task, like cryptocurrency mining.
The impact of cryptocurrency mining has become a major concern.
They also asked Bitcoin companies to disclose how much energy they use.
