April 28, 2024

Intel unveils bitcoin mining chip

Intel demonstrated a specialized chip (ASIC) for mining Bonanza Mine bitcoin and a device based onits basis during the international conference ISSCC. This is reported by WikiChip Fuse.

The Bonanza Mine System contains 300 chipson four boards and can provide a hashrate of 40 TH / s with a power consumption of 3600 watts. An Intel representative noted that the system is capable of reaching even higher speeds.

During the presentation, the company compared its minerwith Bitfury Clarke and Canaan Avalon A9 devices. With a hash rate of 47.7 EH/s, the Intel system achieves an energy efficiency of 55 J/TH. Bitfury Clarke has 40 EH/s and 56 J/TH, while Canaan has 30 EH/s and 58 J/TH.

Notably, energy efficiencyBitmain's new flagship, the liquid-cooled Antminer S19 Pro+ Hyd, introduced in January, is priced at 27.5 J/TH. MicroBT’s WhatsMiner M31S+ bitcoin miner, which entered the market in 2020, has a figure of 42 J/TH.

Intel's presentation was purely technical. The company did not disclose prices for products and the timing of the start of sales.

In early February, Senior Vice PresidentIntel Architecture, Graphics and Software (IAGS) Raja Koduri has announced the release of Bonanza Mine at the end of 2022. Companies such as Jack Dorsey's Block (formerly Square), Argo Blockchain and GRIID Infrastructure are on the product waiting list, he said.

Recall that Intel CEO Pat Gelsinger criticized bitcoin mining for its negative impact on the environment.

The company has scheduled a presentation at the ISSCC conference of a “high-performance” chip for cryptocurrency mining in January.

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