bitcoinBTC/USD
$ 20,445.00
ethereumETH/USD
$ 1,165.33
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.461099
xrpXRP/USD
$ 0.327777
usd-coinUSDC/USD
$ 1.00

Specifications Show that the Bitmain BTC Mining Chip is Twice as Strong as Intel’s

Intel just introduced the BonazaMine, a unique Bitcoin (BTC) ASIC processor and the company's first foray into mining crypto.

Intel just introduced the BonazaMine, a unique Bitcoin (BTC) ASIC processor and the company’s first foray into mining crypto.

Intel said its cryptocurrency mining chip is 1,000 times quicker than other GPUs when revealing the news at the IEEE 2022 International Solid-State Circuits Conference (ISSCC), which began on February 20 and ends on the 24th.

Intel also presented the BonanzaMine System, which contains 300 BonanzaMine ASICs and has a capacity of 40 THash/s while consuming 3600W of power. However, crypto reporter Colin Wu, referencing a report by wccftech.com, points out that this will not be able to match the efficiency of Bitmain’s newest mining equipment.

Furthermore, while Intel reveals the capacities of its firstly launched Bitcoin (BTC) mining chip, Wu stated that this could just as well be a 2018 product in this regard, by positing that: “Intel disclosed the technical details of its first-generation bitcoin mining chip, 40T+3600W, but it should be noted that this may be a 2018 product. The latest second-generation chip has not been disclosed, and the performance may be around 35J/T.”

In addition, the recently launched device will have 75 BonanzaMine ASICs which will be processed on every hashboard as a 25 chip voltage stack. As a result, over each combined ASIC group, the combination will enable a span of the division of 335mV from a total of 8.875 V input voltages.

Intel also suggests a way for enhancing mining performance by up to 5% while lowering IR drop losses. A microprocessor unit is installed on each board. To ensure efficiency and to document performance, voltage rates and temperature will be checked.

Raja Koduri, Senior Vice President and General Manager of the Accelerated Computing Systems and Graphics department of Intel, stated that: “our blockchain accelerator will ship later this year. We are engaged directly with customers that share our sustainability goals. Argo Blockchain, BLOCK (formerly known as Square), and GRIID Infrastructure are our first customers for this upcoming product. This architecture is implemented on a tiny piece of silicon so that it has minimal impact on the supply of current products.”

Because Intel is demonstrating an extensive Bitcoin (BTC) mining system, the edge of microchip sizes allows for implementation into smaller machines used for mining cryptocurrencies, which is a market segment that has no competition at the time being.

Though Intel has not released a release date or any other details about the chip or the system as a whole, Intel’s first client to adopt the new crypto hardware unveiled earlier in February is the up-and-comer crypto company GRIID.

Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

bitcoinBitcoin
$ 20,445.001.28%
ethereumEthereum
$ 1,165.333.29%
cardanoCardano
$ 0.4610991.13%
tetherTether
$ 1.000.03%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org