I thought intel cancelled the chip production ... so that would make this really useless ...
Intel cancelled *their* production but sold all the IP and production rights to Block.
With all the design work done and a proven chip making process already established, Block just has to schedule a slot in Foundry production. Considering that a few years ago Intel reopened their Foundry services to outside companies, making more of the chips should not be a problem.
Only problem I see with the chips is that they a less efficient than current bleeding-edge ones from BM, microBt or even Canaan.
Yeah, I mentioned that in another discussion someplace. They made the announcement that they were buying the IP - production - whatever and then went silent until this announcement.
So unless there has been a lot of silent work, they are a year behind with R&D on chips & tech that were not as efficient as others to begin with.
NOW, they could have been doing a ton of things and not discussion them. But, seems doubtful.
-Dave