Intel may soon enter the Bitcoin mining business with its new “Bonanza Mine” chip, described as an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.”
At present, little is known about the chip or Intel’s plans regarding it. Details of the chip emerged from the International Solid-State Circuits Conference (ISSCC) program schedule.
The ISSCC is an industry-specific event that will run for eight days from February 20th, 2022.
Page 27 of the program shows a presentation of the Bonanza Mine chip scheduled for February 23rd at 07:00 PST. But other than that, no further information is available at this time.
An ultra-low-voltage energy-efficient ASIC could revolutionize the Bitcoin mining game. Then again, in the long run, it may make an already highly competitive industry more cutthroat.
Environmental concerns over Bitcoin mining
Critics say Bitcoin mining is heavily reliant on fossil fuels, making the mining process environmentally damaging. But contradictory reports claim
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