Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs

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Crypto miner HiveBlockchain will receive 5,800 machines by the end of January, bringing in more than 630 PH/s. That's less than it originally predicted. egrecehee reports.

Hive did not give a reason for the discrepancy, and had not responded to CoinDesk's request for comment by the time of publication. It's possible it changed the specification of the machines to lower power consumption during a period of high electricity costs. It's also possible it ordered fewer machines than anticipated as the price of bitcoin fell more than 60% this year.

Some of the machines have already been installed, with the rest expected by the end of January. The rigs' computing power of about 109 terahahes/second per machine is a little over that of Bitmain's Antminer S19 Pro, released in 2020. Hive didn't divulge the energy efficiency or cost of the rigs, key metrics for miners struggling to keep up with high power costs. The Intel chip is touted as environmentally friendly, indicating that efficiency will be its strong suit.

Intel's second-generation Blocksale application-specific integrated circuit for bitcoin mining rigs was

 

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HiveBlockchain I prefer the hive blockchain, not an org which contributes to POW ecological devastation

HiveBlockchain Tell me it's not manipulated without telling me it's not manipulated 😎

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