We are reader supported. External links may earn us a commission.

PC components

Intel launches its first-ever crypto mining chipset

By Sanuj Bhatia February 14, 2022, 3:00 am
intel crypto chip Source: Intel

Intel has entered the crypto business as the company has introduced a new chipset called "blockchain accelerator" that is customized for mining bitcoin and other cryptocurrencies. Intel says that Blockchain technology has a lot of potentials and it is "declaring [its] intent" to contribute to this technology with the launch of "blockchain accelerator" chipsets.

Crypto mining requires a lot of energy and an enormous amount of computing power. Intel says it realizes that, and its blockchain accelerator is a scalable, sustainable, and the most energy-efficient computing solution for this. The company adds that it has years of experience in the cryptography, hashing techniques, and ultra-low voltage circuits field and that it will reveal more about the circuit innovations at the International Solid-State Circuit Conference (ISSCC) this month.

POCKETNOW VIDEO OF THE DAY

"We expect that our circuit innovations will deliver a blockchain accelerator that has over 1000x better performance per watt than mainstream GPUs for SHA-256 based mining"

— Raja Koduri, Senior Vice President, Intel

Intel says the chipset will ship later this year. Companies such as Argo Blockchain, BLOCK (formerly known as Square), and GRIID Infrastructure have already preordered the chipset from Intel. Additionally, the company adds that the blockchain accelerator is implemented on a tiny piece of silicon so, it will have a minimal impact on the supply of current products.

Source: Intel | Via: The Verge

Search

Latest Articles

iOS

Here's how the Apple iPod changed the world in 21 years

iPod was an industry-changing device at its time, and it had a massive impact on modern smartphones, and the way we listen to music. We take a last look at the now-discontinued Apple iPod and the history it leaves behind.

By Roland Udvarlaki May 11, 2022, 10:00 am
iOS

How to use Mic Modes in VOIP and FaceTime Calls

This guide will go over the steps you need to follow to activate one of the available Mic Mode settings on Apple Devices to begin using the feature and improve your calling experience.

By Aryan Suren May 10, 2022, 10:00 am
Phones

This iPhone 14 feature might urge users to upgrade

Until now, it appeared that iPhone 14 would only be a minor upgrade over the iPhone 13 series. However, a new leak suggests that the iPhone 14 will come with one feature that might urge users to upgrade.

By Sanuj Bhatia May 9, 2022, 5:00 am