{"id":3908,"date":"2022-01-18T16:45:05","date_gmt":"2022-01-18T16:45:05","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/18\/intel-to-unveil-bitcoin-mining-asic-at-upcoming-chip-conference\/"},"modified":"2022-01-18T16:45:05","modified_gmt":"2022-01-18T16:45:05","slug":"intel-to-unveil-bitcoin-mining-asic-at-upcoming-chip-conference","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/18\/intel-to-unveil-bitcoin-mining-asic-at-upcoming-chip-conference\/","title":{"rendered":"Intel to unveil Bitcoin mining ASIC at upcoming chip conference"},"content":{"rendered":"

<\/a>\n
<\/p>\n

\n

In a nutshell:<\/strong> Block isn\u2019t the only mainstream tech company interested in creating an efficient Bitcoin mining solution. Intel at the upcoming International Solid-State Circuits Conference (ISSCC) has a presentation scheduled under the Highlighted Chip Releases category titled Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC. Nine Intel employees are on the docket for the presentation from offices in Hillsborough, Santa Clara and San Diego, California. <\/p>\n

Unlike a complex general purpose CPU or GPU, an ASIC (application-specific integrated circuit) is a type of chip designed for a specific type of task \u2013 in this case, Bitcoin mining. They do only one job, but they\u2019re very good at it.<\/p>\n

Raja Koduri, SVP and GM of the Accelerated Computing Systems and Graphics (AXG) Group at Intel, said in an interview last month that being able to do much more efficient blockchain validation at a much lower cost with much less power is a pretty solvable problem.<\/p>\n