Intel is launching yet another crypto mining chip

Following the recent announcement of its new Bonanza Mine chips, Intel is back with a brand new chip well-suited to mining for cryptocurrency in addition to improving performance in a wide range of applications like network virtualization.

The chip giant's new Agilex M-Series FPGA is built on Intel 7 process technology and aims to accelerate a wide range of tasks from high performance computing (HPC) to storage and networking according to a new press release. This is because many of these applications put enormous demands on memory including capacity, bandwidth, latency and power efficiency.

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