May 25, 2022

Intel will release its own ASIC

Intel will release its own ASIC

The largest chip manufacturer Intel enters the crypto mining market with a new revolutionary chip.

February 23 at the ISSCC conference tech giant Intelwill introduce its new Bonanza Mine processor. So far, few details are known about the new product. All information will be provided at the presentation. The company announced its product as a high-performance ASIC miner that consumes extremely little power.

Intel patented processing systemSHA-256 cryptographic data for bitcoin mining back in 2018. Given its rich experience in developing silicon chips and hardware algorithms, Intel can compete in the mining hardware market with the biggest players in the industry.

The company noted that the new chip will be completely separate from the graphics processing units (GPU), which are designed for graphics and games.

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