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    Home»Mining»Intel starts shipping its Bitcoin mining rig as cryptocurrencies crash
    2022-04-05-image-12.jpg
    Mining

    Intel starts shipping its Bitcoin mining rig as cryptocurrencies crash

    SimplefxonlineBy SimplefxonlineJuly 2, 2022No Comments2 Mins Read
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    in brief: Intel’s high-speed computing group has begun shipping second-generation Blockscale ASICs for SHA-256 cryptocurrencies such as Bitcoin. It’s been released months ahead of schedule, but it’s still too late to take advantage of the latest cryptocurrency epidemics.

    Intel publication Bitcoin was developing a blockscale ASIC in January when it was worthwhile Twice Hardware was as desperately in demand as it is today. Its second generation arrives after the market meets its needs. This is usually when Intel starts shipping hardware (I’m looking at you, Arc GPU).

    Nevertheless, Blockscale ASIC (application specific integrated circuit) is Great tip.. It measures 7 mm x 7.5 mm and consumes only 4.8 to 22.7 W, but hashes Bitcoin at up to 580 GH / s (giga hash / sec). However, only SHA-256 proof of work calculation is possible.

    Raja Koduri, executive VP and general manager of Intel’s Accelerated Computing Systems and Graphics (AXG) group, tweeted this news at the end of last week …

    The Intel AXG Custom Computing Team is currently shipping Blockscale ASICs. The first product will always be unforgettable, congratulations team “
    How excited to see @ArgoBlockchain @griid When @HiveBlockchain Improvise around block scales and our open designs. pic.twitter.com/0rxtNTLMfw

    — Raja Koduri (Bali Makaradowaja) (@RajaXg) June 29, 2022

    Oguri seems to have forgotten First generation block scale ASIC It was announced in February. Intel said at the time that a second generation model was under development. publication Just two months later, perhaps the first version isn’t considered a full-fledged product in Oguri’s eyes.

    In any case, the 2nd generation model is much better than the 1st generation model. Whereas its predecessor consumed 90 J / TH, it consumes only 26 J / TH (joules per terra hash). It is also competitive with other companies’ products. With 256 ASICs, Intel’s system can hash at speeds of 148 TH / s at 3,850 W consumption, much like Bitmain’s S19 Pro at 110 TH / s and 3,250 W. Both systems cost between $ 5,000 and $ 6,000.

    Koduri tagged GRIID Infrastructure, Hive Blockchain Technologies, and Argo Blockchain in his tweet. These are three companies that use renewable energy sources to mine cryptocurrencies. Intel sells Blockscale ASICs as an environmentally friendly product, and it’s nice to see Blockscale ASICs upholding these principles by partnering with like-minded companies.

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