What’s Intel CEO Pat Gelsinger Saying While Promoting The Bitcoin Mining Chip?
What is Intel ’s Pat Gelsinger doing? Who is he talking to while promoting Intel’s new bitcoin mining chips? In a recent Bloomberg interview, Gelsinger uses every ESG buzzword in the book to promote their “energy-efficient ASIC chip.” Is this the right strategy? Who will be Intel’s clients? And why is this man lying about bitcoin’s energy consumption when the real numbers would do just fine? The host, Emily Chang, starts by asking him about 2019, when the Intel CEO said that Bitcoin was badly designed, “extreme, and climate intolerant.” Does Gelsinger still hold that opinion? Of course, he....
Related News
While a new chip is upcoming, Intel shared information about its past product exploration in bitcoin mining chip design.
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....
Intel’s new bitcoin mining chip, the Intel Blockscale ASIC, will ship in Q3 2022 to select customers.
The giant chip maker will present a new “ultra-low-voltage energy-efficient” chip at the upcoming ISSCC conference.