Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

Computer spot manufacturing elephantine Intel Corporation shared details of a caller mining spot that volition beryllium coupled with a high-performance 3,600 Watt miner with the eventual extremity of improving Bitcoin (BTC) mining efficiency. 

Intel revealed its second-generation BTC mining setup during the IEEE International Solid-State Circuits Conference (ISSCC) 2022, a league dedicated to the electronics and spot manufacturing industry.

According to the company, Bonanza excavation (BMZ2) is an ultra-low-voltage energy-efficient Bitcoin mining ASIC that tin present 40 Terahashes per 2nd (40 TH/s) performance.

Intel's Bonanza setup. Source: 2022 IEEE

As Cointelegraph antecedently reported, Intel’s patent related to “high-performance Bitcoin Mining” dates backmost to November 2018, which had projected to trim wide powerfulness depletion by astir 15%. Intel representatives astatine the clip showed assurance successful competing against established players including Bitmain, MicroBT and Nvidia:

“Intel has done plan enactment astir SHA 256 optimized ASICs for respective years opening with pathfinding enactment done successful Intel Labs.”

The BMZ2 chips are expected to travel an architecture akin to its 1st-gen mining spot BMZ1, wherein implicit 300 chips, powered by a 3600W miner, enactment unneurotic to present up to 40TH/s successful a balanced environment.

Intel’s next-generation BTC miner volition beryllium capable to present a balanced show of 40.4 TH/s by drafting 2,293W of powerfulness — signaling a debased vigor depletion of 56.97 joules per terahash (J/Th).

In addition, the hardware volition besides person the enactment to run successful high-performance and power-saving modes to optimize the energy-cost ratio crossed assorted degrees of mining efficiencies.

Intel is yet to denote a day for its authoritative motorboat on with the method requirements of the 2nd-generation mining setup.

Related: Bitcoin trouble reaches all-time high, hash complaint up 45% successful 6 months

The Bitcoin web mining trouble maintains an upward trend, showcasing a beardown denotation of increasing resilience against web attacks.

At its peak, Bitcoin recorded a hash complaint of 248.11 EH/s connected Feb. 13 aft jumping 31.69% from 188.40 EH/s successful conscionable 1 day.

Bitcoin hash complaint implicit the past year. Source: YCharts

With the summation successful the hash rate, BTC mining instrumentality needs to germinate for delivering higher show portion consuming comparatively energy.