Intel Has Unveiled The Latest "Energy Efficient" Chip For Mining ASIC
![](data:image/svg+xml;utf-8,<svg xmlns="http://www.w3.org/2000/svg" width="1080" height="607" />)
The American technology giant Intel said on Monday that by the end of the year it will release an autonomous chip for crypto mining capable of providing "energy efficient" hashing for proof-of-work consensus networks.
Following on the heels of its bitcoin mining system Bonanza Mine in February, the California-headquartered firm announced that its newest ASIC Blockscale will be capable of issuing up to 580 gigahashes per second with a hashing power of up to 26 joules per terahesh. Energy efficiency.Intel faces entrenched competitors, including Bitmain, the Chinese crypto mining giant, whose profits generated from bitcoin mining regularly exceed $1 billion.
Well, for me, the development is interesting for the entire crypto community and we will see what comes out of it and whether this development is so successful in practice. We will return to the discussion after the release of the processor. In the meantime, follow the news in the world of cryptocurrency and subscribe to my profile.
What do you think about this?
3 comments