Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

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Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining
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Intel brings to light its ultra-low-voltage energy-efficient Bitcoin mining chip, aiming to reduce overall consumption by 15%.

the IEEE International Solid-State Circuits Conference 2022, a conference dedicated to the electronics and chip manufacturing industry.

dates back to November 2018, which proposed to reduce overall power consumption by approximately 15%. Intel representatives at the time showed confidence in competing against established players, including Bitmain, MicroBT and Nvidia: The BMZ2 chips are expected to follow an architecture similar to its first-generation mining chip, BMZ1, wherein over 300 chips, powered by a 3,600W miner, work together to deliver up to 40 TH/s in a balanced environment.

In addition, the hardware will also have the option to operate in high-performance and power-saving modes to optimize the energy-cost ratio across various degrees of mining efficiencies.

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