0
HomeCryptocurrencyIntel launches a Special crypto mining chip

Intel launches a Special crypto mining chip

The energy-efficient chip also speeds up blockchain tasks such as bitcoin mining or NFT mining.

Intel does not want to miss the computer revolution that crypto money markets have opened. The company introduced the chip it calls “blockchain accelerator” on February 11. The first one will be delivered this year.

The most important feature of this chip is to eliminate environmental impacts, which is one of the most worrisome problems of bitcoin mining. “This custom-made chip greatly accelerates the 2HA-256 process to mine Bitcoin at very low voltage. For the sake of energy savings, these chips outperform GPUs by more than 1,000 times per watt,” said Raja Koduri, Intel’s senior vice president.

intel-madencilik-cipi

Breakthrough energy efficiency

The SHA-256 hash algorithm is the algorithm used to create bitcoin and a number of other cryptocurrencies. So Intel’s promise is to offer an attractive product for industry professionals who have to deal with the gradual introduction of regulations to regulate mining and others.

The anticipated performance of Intel’s new chip can reassure legislators around the world. After the ban on mining and cryptocurrency exchanges in China, it is considering imposing new restrictive measures in other countries due to its environmental effects and the global energy problem. Maybe this chip can prevent them. Click here for more crypto news.

Post Gallery

Publish Date:

Mehmet S. Kaya
Mehmet S. Kayahttps://teknonel.com
Mehmet is one of the administrator of Teknonel. As a software developer, he loves to share his knowledge in related topics. He is highly familiar with the editorial process from the inception of an article idea, through the iterative process, publishing, and performance analysis as well as product reviews.

MUST Check

Related Articles

OpenAI negotiating with publishers regarding content licensing

According to a Bloomberg report on January 4th, OpenAI has stated that it is currently negotiating content licensing with dozens of publishers. An insider...

SpaceX interns using AI to decipher an Ancient Scroll

After the eruption of Mount Vesuvius in Italy, volcanic ash quickly covered the prosperous ancient city of Pompeii and also affected the nearby town...

NVIDIA H100 GPU sets a record in MLPerf standard tests

After the rise of generative AI, many companies actively introduced products, attempting to gain a share of the market. As for the AI chip...

Win Big with the Best Decentralized Casinos: A Future of Fair Gaming

In an era where digital innovation is king, the online gambling industry is undergoing a revolutionary change with the advent of decentralized casinos. These...

Explore More Articles