Intel launches new Bitcoin mining chip Blockscale
Cointelegraph
Published Apr 04, 2022 01:45PM ET
Updated Apr 04, 2022 03:20PM ET
On Monday, semiconductor manufacturing titan Intel (NASDAQ:INTC) unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.
As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash (J/TH). Each chip can be combined and merged into a single mining unit, increasing its output with a maximum of 256 integrated circuits per chain.
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Written By: Cointelegraph
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