Intel Blockscale ASIC, New Bitcoin Mining Chip Available Q3 2022
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 […]
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Intel’s new bitcoin mining chip, the Intel Blockscale ASIC, will ship in Q3 2022 to select customers.
The company indicated that the device is designed, in part, for energy-efficient blockchain hashing. On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash (J/TH). Each chip....
It’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here. Under normal circumstances, infrastructural support from a multinational company like Intel would be tremendous for the bitcoin market. How will it react in the middle of all this chaos? Will it react at all? The news didn’t immediately do much, but the long-term effect remains to be seen. Intel AXG Custom Compute team is now shipping the Blockscale ASIC! First product will always be....
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....
A representative of Hut 8 mining discusses the “extremely disruptive” introduction of a new ASIC chip from Intel.