Chipmaker Intel is set to unveil a processor that specifically mines Bitcoin, according to a report byThe website spotted an entry in the program of this year’s International Solid-State Circuits Conference that shows Intel presenting a new “Bonanza Mine” processor under its “Highlighted Chip Releases” category on February 23. The chip is described to be an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.
This is the category Intel is looking to enter. Intel told Tom’s Hardware, “Intel has done design work around SHA 256 optimized ASICs for several years beginning with pathfinding work done in Intel Labs. We will share more details in the future.” SHA 256 is the cryptographic algorithm that Bitcoin runs on.
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