SWOT analysis of Intel's Bitcoin mining chip effort

On-chainMarch 7, 2022, 1:45AM EST
UPDATED: March 16, 2022, 7:28AM EDT
SWOT analysis of Intel's Bitcoin mining chip effort
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Global chip giant Intel has recently made headlines regarding its first generation of Bitcoin mining chip and miner called the Bonanza Mine 1 (BZM1). 

Intel has also struck deals with at least three customers for its upcoming second-generation Bitcoin mining chip named BZM2 with HIVE Blockchain, Griid, Argo Blockchain, and Block. The former three are Bitcoin mining companies, while Block, recently rebranded from Square, announced in January its strategic move into the Bitcoin mining hardware game.

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