Copy link
Increase text size
Decrease text size
Link copied

Intel launches second-gen Bitcoin mining chip Blockscale

The company will start shipping the new Bitcoin mining chips by the third quarter of this year.

Image by: Morton Lin / Flickr

Tue, 05 Apr 2022, 14:48 pm UTC

The booming crypto industry has prompted chips manufacturers to come up with hardware specifically tailored to the needs and requirements of cryptocurrency mining. Intel just unveiled its new second-generation Bitcoin (BTC) mining chip called the “Intel Blockscale ASIC” chip, which is touted to be more energy-efficient than most models currently available.

Semiconductor manufacturer Intel just launched its new Bitcoin (BTC) mining chip, Blockscale, on Monday. The second-generation chip is designed to be more energy efficient for proof-of-work algorithms and SHA-256 hashing, which will allow mining firms to build more efficient mining rigs.

“For proof-of-work algorithms that are compatible with ASIC-based systems and SHA-256 hashing, the Intel Blockscale ASIC will provide the energy efficiency and computing power needed to achieve scalability and sustainability,” Intel said. “And given the nature of the silicon powering this technology, Intel will be able to supply it in volume without compromising the supply of new CPUs or GPUs.”

Blockscale will have an operating hash rate of up to 580 gigahasn per second or 0.58 terahash per second and power efficiency of up to 26 joules per terahash (J/TH), according to Cointelegraph. The chip will consume between 4.8 to 22.7 watts of power and features on-chip temperature- and voltage-sensing capabilities. For increased output, the chips can be merged into a single unit of up to 256 integrated circuits per chain.

“The Intel Blockscale ASIC is going to play a major role in helping bitcoin mining companies achieve both sustainability and hash rate scaling objectives in the years ahead,” Intel Blockchain and Business Solutions in the Accelerated Computing Systems and Graphics Group general manager Jose Rios said.

The company will start shipping the new Bitcoin mining chips by the third quarter of this year. Intel added that Argo Blockchain, Block, Hive Blockchain Technologies, and GRIID Infrastructure will be among the first firms to develop new systems based on the new ASIC.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

  • Bitcoin (btc) $20,001.00 (+0.53%)
  • Ethereum (eth) $1,437.07 (+1.01%)
  • USD Coin (usdc) $1.00 (-0.01%)
  • BNB (bnb) $278.36 (+0.72%)
  • Binance USD (busd) $1.00 (-0.15%)
  • Bitcoin (btc) $20,001.00 (+0.53%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.