Intel today announced details about its new bitcoin mining chip, the Intel Blockscale ASIC, which is designed to improve the energy efficiency of proof-of-work (PoW) mining. The Blockscale ASIC device will handle up to 256 integrated circuits per chain and offer a hash rate of up to 580 gigahashes per second (GH/s), a power efficiency … Read more
Along a dirt-covered road deep in Texas farm country, the cryptocurrency company Argo Blockchain is building a power plant for the internet age: a crypto “mining” site stocked with computers that generate new bitcoins. But unlike other bitcoin mining operations, which consume large quantities of fossil fuels and produce carbon emissions, Argo claims it’s trying … Read more
Intel is investing in blockchain technology with a new chip that could be used to mine cryptocurrency and the company’s key focus, according to Senior Vice President of Intel’s Accelerated Computing Systems and Graphics Group, Raja Koduri, is on sustainability with plans to “develop the most energy-efficient computing technologies at scale.” Koduri claims that Intel’s … Read more