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Intel: Entering the Bitcoin Mining Market Soon with an Energy Efficient GPU

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Intel enters the blockchain mining market with an upcoming GPU capable of mining Bitcoin.


Η At the same time, the company points out that this effort will not burden energy reserves or deprive consumers of chips.

The goal set by Intel is to create a more energy efficient mining equipment blockchain on the planet, as the company says.

We expect our circuit innovations to offer a blockchain accelerator that will have over 1.000 times better efficiency per watt by mainstream GPU for mining based on SHA-256., he said Intel General Manager of Graphics, Raja Koduri, in the relevant announcement.
(SHA-256 is a reference to the mining algorithm used to create Bitcoin.)

The news of Intel's blockchain mining debut first surfaced last month when it announced at the ISSCC technology conference the first information about an upcoming Intel presentation entitled: "Mine Bonanza: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC".

In an announcement Intel which was made last Friday by Koduri, added that the Intel creates a new "Custom Computing Team»To create new chips that will provide optimizations for the workload of customers, including block chains.


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