The production of the so-called Blocksale chip was announced about a year ago.

Chipmaking giant Intel (INTC) will stop producing its line of bitcoin mining chips, the company said in a statement to CoinDesk on Tuesday.

“As we prioritize investments in IDM 2.0, we have discontinued the Intel Blockscale 1000 series ASICs [application-specific integrated circuits] while we continue to support our Blockscale customers,” an Intel spokesperson said.

The news was first reported by Tom's Hardware.

According to a document on Intel's website, no orders will be accepted after October 20, and the last product will be shipped no later than April 20, 2024.

The company announced its foray into bitcoin mining about a year ago, with the first customers for its chips, dubbed Blocksale, being Argo Blockchain (ARBK), Block (SQ), Griid Infrastructure and Hive Blockchain (HIVE).

Since then, only Hive has confirmed installing mining rigs powered by Intel chips. None of these companies responded to requests for comment by press time.

Argo partner ePIC Blockchain is promoting its bitcoin mining machines that use Intel semiconductors.

Intel’s chips could have broken up the market’s effective duopoly dominated by Bitmain and MicroBT. Asked whether Intel would come up with a new project, the spokesperson said the company would continue to “monitor market opportunities.”