Blockscale, Intel’s new Bitcoin (BTC) mining chip was launched on Monday, by the world’s largest semiconductor manufacturer. The application-specific integrated circuit, or ASIC, hardware is intended to function with proof-of-work blockchains that use SHA-256 encryption. According to Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per […]