Intel presents the latest energy -efficient” ASIC in front of mining chip

Intel presents the latest energy -efficient” ASIC in front of mining chip

The US technology giant Intel said on Monday that he will publish an independent crypto mining chip by the end of the year that is able to deliver "energy-efficient" Hashinge performance for proof-of work (POW) consensus.

According to A, the large crypto mining companies are blockchain, block Inc., Hive Blockchain Technologies and Griid Infrastructure are one of the first companies that develop new systems based on Intel's technology Blog entry .

According to his Bitcoin mining system Bonanza Mine in February, the company based in California said that its latest block scale asic would be able to deliver up to 580 gh/s hashing performance with an energy efficiency of up to 26 J/th.

Intel meets established competitors such as Bitmain, the Chinese crypto mining giant, whose total profits from Bitcoin mining income regularly exceed $ 1 billion.

"On paper, the Intel chip has the potential to be competitive with regard to performance and efficiency with the state -of -the -art machines from Bitmain," said William Foxley, media director at compass mining said. "However, the chips require another provider to develop the actual machine, which could affect the competitiveness of the end product so that it is a game of waiting and seeing."

Intel, one of the most sales manufacturers of semiconductor chips in the world, said that he was trying to capitalize on market demand by helping miners to achieve both "sustainability" and "hash-rated scaling goals" through his new product.

The arithmetic requirements for Pow networks have increased steadily since Bitcoin was introduced more than a decade ago. Although Intel also said that the POW mechanism often requires large amounts of energy resources that are needed for the company, the load is again placed on computer technologies to reduce financial and ecological costs.

"In order to promote this new era of computing, Intel provides solutions that offer an optimal balance between hashing throughput and energy efficiency regardless of the operating environment of a customer," said Balaji Kanigicherla, Vice President of Intel. "Intel's decades of research and development in the areas of cryptography, Hashing techniques and ultra-low-voltage switches enable blockchain applications to scale your computing power without compromising in the case of sustainability."

The delivery of the block scale asics to customers should begin in the third quarter of this year.

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