A Publicly-Listed Bitcoin Miner Shares Expectations For Intel’s New ASIC Chip
A representative of Hut 8 mining discusses the “extremely disruptive” introduction of a new ASIC chip from Intel.“Tom's Hardware broke the news yesterday that Intel would present a new ‘Bonanza Mine’ ASIC chip designed for ultra-low-voltage and energy-efficient Bitcoin mining at the upcoming ISSCC conference, but Intel would neither confirm nor deny if it would make the chip available to customers. Today, Fox Business reports that crypto-mining startup GRIID, which is set to go public for an estimated $3.3 billion on the NYSE in the coming days, has signed a long-term contract with Intel....
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As we are all aware of, if you want to keep on mining in the Bitcoin universe, you'll need an ASIC miner sooner or later, if you want to be profitable that is. We've been through a passage of USB ASIC miners (the Block Erupters) which are now rapidly declining in price. It has recently come to my attention that there are 2 new ASIC's announced, which are supposedly in stock. That is something you don't see too often (but it has happened before). So let's take a look at these two new Bitcoin ASIC's, shall we? First up, we have the Red Fury USB miner. Yes, that's right, a new USB miner.....
