Intel To Join Bitcoin Mining ASIC Market With New Chip
The giant chip maker will present a new “ultra-low-voltage energy-efficient” chip at the upcoming ISSCC conference.Intel could be about to enter the bitcoin mining chip-making industry.The giant chipmaker will present “Bonanza Mine,” an “ultra-low-voltage energy-efficient bitcoin mining ASIC” at the upcoming ISSCC conference on February 23.It’s unclear whether the presentation will entail a product launch, a proof of concept demonstration, or simply sharing a project.Intel, the market leader in computer chip manufacturing, is on the brink of penetrating the bitcoin mining ASIC-making....
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A representative of Hut 8 mining discusses the “extremely disruptive” introduction of a new ASIC chip from Intel.
Intel’s new bitcoin mining chip, the Intel Blockscale ASIC, will ship in Q3 2022 to select customers.
This could be huge. Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip. Considering that the chip shortage severely delayed the next generation of ASIC miners, this is tremendous. And, more importantly, it opens up the door for Bitcoin miners manufacturing in the USA. And in the rest of the Western world, even. Related Reading | Why Did China Ban Bitcoin Mining? Here Are The Seven Leading Theories In December, Raja Koduri hinted at Intel’s intention to get into the Bitcoin mining space. Even though he’s the chief....
The newly-named Blockscale ASIC has been one of the year’s top bitcoin stories. A juggernaut like Intel entering the bitcoin mining space is huge, and the company’s low-energy PR strategy has worked. The headline of today’s story is that the first batch arrives in Q3 of this year to the already announced clients. Related Reading […]
While a new chip is upcoming, Intel shared information about its past product exploration in bitcoin mining chip design.