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Intel to Unveil 'Ultra Low-Voltage Bitcoin Mining ASIC' in February
The move would bring the chip maker into the same market with such companies at Bitmain and MicroBT.
Intel, one of the world's largest chip makers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference's agenda.
- One of Intel's "highlighted chip releases" at the conference is entitled "Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC." The session is scheduled for Feb. 23.
- This brings the company into direct competition with the likes of Bitmain and MicroBT in the market for bitcoin mining ASICs, or application-specific integrated circuits, for the first time.
- Crypto mining has in the past driven up demand and prices for graphics processing units, including Intel's, so much so that it attracted the ire of gamers. Unlike its competitor Nvidia, Intel has said it doesn't plan to add ether mining limits on its graphics cards.
Read more: Bitmain Adds Liquid Cooling Technology to Its Latest Bitcoin Mining Rigs
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Eliza Gkritsi
Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI, having previously covered mining for two years. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She owns 25 WLD. She tweets as @egreechee.
