Apparently, Intel Is Getting Into The Bitcoin ASIC Game
Intel thinks it can deliver Bitcoin ASICs much more efficiently at lower cost, but I'll believe it when I see it.The below is a direct excerpt of Marty's Bent Issue #1147: "Apparently Intel is getting into the Bitcoin ASIC game." Sign up for the newsletter here.Here's a pleasant surprise that was brought to the world's attention this morning; it seems like Intel is preparing to unveil a Bitcoin ASIC on February 23rd at the International Solid-State Circuits Conference. According to the Tom's Hardware post that broke the story Intel filed for a patent related to an optimized SHA-256....
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Will the Intel ASIC disrupt the Bitcoin mining game? If Tom’s Hardware numbers are correct, the answer is an unequivocally yes. “The company’s mining hardware could have the best price-to-performance ratio on the market,” says Tom. However, there’s no guarantee that the prices that Intel gave to mining company GRIID will be the same as a general consumer will get. In fact, there’s no guarantee that GRIID is talking about the Intel Bonanza Mine in the SEC documents that this report follows. “A recent SEC filing by one of Intel’s premier partners has revealed both the pricing and....
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 […]
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.
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....