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Intel Is Developing an Eco-Friendly Application-Specific Integrated Circuit (ASIC)?
Concerns about the environment, particularly around Proof-of-Work mining, have hampered the growth of the digital asset industry.
Intel is slated to unveil its new energy-efficient "Bonanza Mine" CPU this February at the International Solid-State Circuits Conference. The processor is characterised as a "ultra-low-voltage, energy-efficient Bitcoin mining ASIC," and it may represent a more environmentally friendly method of Bitcoin mining.
Intel Makes a Significant Contribution to Bitcoin Mining Innovation
The world's top semiconductor maker may join the market for Bitcoin mining hardware with a more environmentally friendly device.
According to the agenda for the ISSCC conference in February, Intel will present "Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC." According to the title's text, Intel is interested in developing an environmentally friendly ASIC.
ASICs, or application-specific integrated circuits, are processors that are optimised for specific rather than general-purpose applications. ASICs, rather than CPUs or GPUs, are generally used to mine Bitcoin.
While the specifics of Intel's plans remain unknown, there are some indications of the company's trajectory in this area. The business applied for a patent in November 2018 for a "optimised SHA-256 datapath for energy-efficient high-performance Bitcoin mining." SHA-256 is the cryptographic hash function that is utilised in the Proof-of-Work mining technique used by Bitcoin.
Additionally, Raja Koduri, Intel's senior vice president and general manager of accelerated computing systems, revealed last month that the company was trying to address a variety of issues related to the efficiency of blockchain validation. Koduri stated that "doing considerably more efficient" blockchain validation was a "very solved challenge" and that Intel intended to provide certain "interesting hardware" in the near future.
Bitcoin mining presently requires approximately 137.4 terawatt-hours of electricity per year, which is more than many countries consume. However, a significant percentage of this electricity is generated by renewable sources, as the University of Cambridge estimated in 2020 that 39% of "Proof-of-Work" mining is "fueled by renewable energy."
On February 23, Intel is set to unveil Bonanza Mine.
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By Crypto PiratesConcerns about the environment, particularly around Proof-of-Work mining, have hampered the growth of the digital asset industry.
Intel is slated to unveil its new energy-efficient "Bonanza Mine" CPU this February at the International Solid-State Circuits Conference. The processor is characterised as a "ultra-low-voltage, energy-efficient Bitcoin mining ASIC," and it may represent a more environmentally friendly method of Bitcoin mining.
Intel Makes a Significant Contribution to Bitcoin Mining Innovation
The world's top semiconductor maker may join the market for Bitcoin mining hardware with a more environmentally friendly device.
According to the agenda for the ISSCC conference in February, Intel will present "Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC." According to the title's text, Intel is interested in developing an environmentally friendly ASIC.
ASICs, or application-specific integrated circuits, are processors that are optimised for specific rather than general-purpose applications. ASICs, rather than CPUs or GPUs, are generally used to mine Bitcoin.
While the specifics of Intel's plans remain unknown, there are some indications of the company's trajectory in this area. The business applied for a patent in November 2018 for a "optimised SHA-256 datapath for energy-efficient high-performance Bitcoin mining." SHA-256 is the cryptographic hash function that is utilised in the Proof-of-Work mining technique used by Bitcoin.
Additionally, Raja Koduri, Intel's senior vice president and general manager of accelerated computing systems, revealed last month that the company was trying to address a variety of issues related to the efficiency of blockchain validation. Koduri stated that "doing considerably more efficient" blockchain validation was a "very solved challenge" and that Intel intended to provide certain "interesting hardware" in the near future.
Bitcoin mining presently requires approximately 137.4 terawatt-hours of electricity per year, which is more than many countries consume. However, a significant percentage of this electricity is generated by renewable sources, as the University of Cambridge estimated in 2020 that 39% of "Proof-of-Work" mining is "fueled by renewable energy."
On February 23, Intel is set to unveil Bonanza Mine.
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