AMD, a California-based semiconductor manufacturer, has evidently partnered with seven major tech companies to produce eight new cryptocurrency mining rigs.
As per the list of newly-released miners “AMD and Blockchain Technology,” the firm has partnered with Sapphire, ASROCK, ASUS, MSI, Biostar, TUL and Rajintek to issue eight different rigs boasting “Ultimate stability,” “24/7 performance” and “Enterprise-level quality” without pricing of equipment at this time.
AMD emphasizes that the partnership will bring new “blockchain compute solutions” to the market, designed to meet the various aspirations of “innovative blockchain platforms.” Cryptocurrencies are mentioned only twice on the page, referred to as “the most well-known use case” of blockchain technology, and as a title of the section “Blockchain Beyond Cryptocurrency.”
Evidently as part of the firm’s promotion for the new line of hardware, on Oct. 31 AMD released a video on blockchain, explaining core features of the technology, listing trust, integrity and security as its key advantages.
The move comes just a week after AMD released its third quarter 2018 financial report, where the company stated that the “blockchain-related GPU sales in the third quarter were negligible.” Moreover, the report added that the average selling price of GPUs was also reduced due to lower sales.