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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

This Bitcoin, Ethereum Mining Company Is Employing Intel's 'High-Performance' Chips To Boost Efficiency

Intel Corporation Hive Nasdaq

Hive Blockchain Technologies (NASDAQ:HIVE), a company that mines Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and other cryptocurrencies, said on Monday it would buy Intel Corporation's (NASDAQ:INTC) high-performance chips. 

What Happened: Vancouver, Canada-based Hive said it entered into a supply agreement revolving around Application-Specific Integrated Circuit (ASIC) chips with Intel. The company has also forged a manufacturing agreement that comes attached with an original design manufacturer (ODM).

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