Intel Closes Sale For Its Upcoming Bitcoin Mining Chip
Bitcoin miner GRIID has already signed a purchase agreement with the chipmaker.Market leader in computer chip manufacturing Intel has already secured at least one buyer for its upcoming bitcoin mining chips, according to a registration statement filed last month with the U.S. Securities and Exchange Commission (SEC).The deal was first reported by Fox Business and provides bitcoin miner GRIID with fixed-price bitcoin mining ASIC hardware by Intel for orders placed before May 2023 as the world’s biggest chipmaker tiptoes into the industry.Intel and GRIID agreed on the purchase this past....
Related News
While a new chip is upcoming, Intel shared information about its past product exploration in bitcoin mining chip design.
The giant chip maker will present a new “ultra-low-voltage energy-efficient” chip at the upcoming ISSCC conference.
With the rise in popularity and value, many people turn to cryptocurrencies like Bitcoin. So it’s no wonder that Intel has announced a new chip for blockchain applications like NFT’s minting and Bitcoin mining. The blockchain chip will make it easier than ever before possible with just one click. Jack Dorsey-led firm that recently changed […]
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information concerning Intel’s new crypto mining accelerator chip has been revealed to the public, according to various reports covering....
The proposed "Bonanza Mine" promises to be a new, viable option to compete against traditional mining rigs. Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits Conference in February 2022. Intel submitted a patent in November 2018 outlining similar ideas for "high-performance Bitcoin Mining." It is suspected that the processes described in the patent could make their way into the product being shown off....