April 16, 2024

Intel to release a bitcoin miner that will be 1000 times more productive

Intel to release a bitcoin miner that will be 1000 times more productive

The new Intel chip should not only be several orders of magnitude more powerful than its competitors, but also lessenergy-consuming, assure the company.

Intel CEO Patrick Gelsinger inBloomberg interview said that the company plans to release a new GPU for cryptocurrency mining as early as 2022. The processor is based on the SHA-256 algorithm, and its performance, as developers expect, will be a thousand times higher than that of any current chips.

Explaining the company's desire to release morepowerful chip, Gelsinger said that one entry on the blockchain now consumes as much energy as would be enough to power an entire house during the day. This, the CEO says, is the climate crisis.

According to the University of Cambridge,Currently, the Bitcoin network consumes about 125 TWh of electricity per year. This is much more than most countries in the world consume individually. At the same time, the amount of energy required for the Bitcoin network will only increase. According to Gelsinger, if in the future the industry learns to make much more productive chips, then the crisis will be avoided.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 AAX https://aax.com 7.2
4 Exmo https://exmo.me 6.9
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Intel to release a bitcoin miner that will be 1000 times more productive

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