Intel To Join Bitcoin Mining ASIC Market With New Chip

2 years ago
  • Intel could beryllium astir to participate the bitcoin mining chip-making industry.
  • The elephantine chipmaker volition contiguous “Bonanza Mine,” an “ultra-low-voltage energy-efficient bitcoin mining ASIC” astatine the upcoming ISSCC league connected February 23.
  • It’s unclear whether the presumption volition entail a merchandise launch, a impervious of conception demonstration, oregon simply sharing a project.

Intel, the marketplace person successful machine spot manufacturing, is connected the brink of penetrating the bitcoin mining ASIC-making marketplace to vie with the likes of Bitmain and Canaan, Tom’s Hardware archetypal reported.

The elephantine spot shaper volition contiguous a caller “Bonanza Mine” spot astatine the upcoming ISSCC conference, which according to league accusation is an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.”

 Tom’s Hardware.

Intel’s bitcoin mining ASIC presumption astatine ISSCC connected Feb. 23  source: Tom’s Hardware.

In December, the elder vice president and wide manager of Intel’s Accelerated Computing Systems and Graphics (AXG) group, Raja Koduri, said successful an interrogation that the institution had been moving connected a dedicated spot for cryptocurrency mining, commenting connected however its GPU cards weren’t designed for that usage case.

“GPUs volition bash graphics, gaming, and each those fantastic things,” Koduri said. “But being capable to bash overmuch much businesslike blockchain validation astatine a overmuch little cost, overmuch little power, is simply a beauteous solvable problem. And you know, we are moving connected that, and astatine immoderate constituent successful time, hopefully not excessively acold into the future, we volition stock immoderate absorbing hardware for that.”

It isn’t yet wide whether Intel volition lone uncover a task it has been moving on, stock a impervious of concept, oregon motorboat a market-ready product. But fixed the presentation’s track, “highlighted Chip Releases: Digital/ML,” and the timing  a mates of months aft Koduri’s comments  raise the prospects that Intel volition merchandise caller hardware for mining bitcoin, focused connected power-efficiency and decreased costs.

Intel did not instantly respond to a petition for comment.

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