2 years ago
Hive Blockchain (HIVE) agreed to bargain Intel’s new mining chips successful a woody the crypto miner said could summation its aggregate bitcoin mining hashrate by arsenic overmuch arsenic 95% from 1.9 exahash per 2nd (EH/s).
Hive said an archetypal plan shaper (ODM) volition incorporated the Intel (INTC) chips into an air-cooled bitcoin mining system. The strategy is expected to beryllium delivered implicit a play of 12 months starting successful the 2nd fractional of 2022.
“Intel’s energy-efficient and precocious show blockchain accelerator is expected to trim our powerfulness depletion implicit existent ASIC miners connected the market,” Hive President & COO Aydin Kilic said in a statement.
Intel revealed the details of the archetypal procreation of its mining chip, which failed to lucifer existent rivals, astatine a semiconductor league successful February. However, it is the 2nd procreation that volition beryllium shipped to Hive arsenic good arsenic peers Griid, Argo Blockchain and Block (formerly Square) aboriginal this year.
On Feb. 28, Griid said Intel’s second-generation mining machine, Bonanza Miner 2, volition beryllium the 2nd astir businesslike connected the marketplace with hashrate of 135 terahash/second (TH/s) astatine an energy ratio of 26 joules/terahash (J/TH).
Vancouver, Canada-based Hive besides signed a woody with Compute North to deploy 100 megawatts of miners astatine a Texas installation tally by renewable energy.
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Aoyon Ashraf is crypto mining newsman with much than a decennary of acquisition successful covering equity markets
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