While NVIDIA is providing special GPUs for mining to the bunch of crazy miners across the globe the semiconductor giant Intel thought why should they fall behind? Yes, the Blue team didn’t bring a new GPU for mining, however, developed a crazy Intel Blockscale Technology of their own.
Their technology is supposed to aim toward Energy-Efficient Blockchain Hashing, pouncing on the opportunity to actually launch a Blockscale ASIC processor which they will sell to mining firms and maybe later to mining individuals as well.
Argo Blockchain, Block Inc., Hive Blockchain Technologies and GRIID Infrastructure will be among the first customers to work with the Intel Blockscale ASIC, which can power up to 580 GH/s hash rate.
The Blockchain industry is growing at a rapid rate because of its resiliency and the ability to scale without sacrificing decentralization, so, Intel has understood how much the industry will flourish with time. They have spent time on this with their R&D and they are confident that this application-specific integrated circuit (ASIC) will provide customers with energy-efficient hashing for proof-of-work consensus networks.
“Momentum around blockchain continues to build. It is the enabler of decentralized and distributed computing, making way for innovative business models. To power this new era of computing, Intel is delivering solutions that can offer an optimal balance of hashing throughput and energy efficiency regardless of a customer’s operating environment. Intel’s decades of R&D in cryptography, hashing techniques and ultra-low voltage circuits make it possible for blockchain applications to scale their computing power without compromising on sustainability.”
Balaji Kanigicherla, Intel vice president and general manager of Custom Compute in the Accelerated Computing Systems and Graphics Group
Obviously, the huge industry of mining is generating a lot of e-waste as well as consuming a huge amount of energy which Intel is trying to mitigate with their new Blockscale ASIC processor. The beauty of the technology is that the nature of the silicon powering this processor will be able to supply it in volume without compromising the supply of new CPUs or GPUs.
Key features for the Intel Blockscale ASIC include:
- Dedicated Secure Hash Algorithm-256 (SHA-256) ASIC processor.
- Up to 580 GH/s hash rate operating and up to 26 J/TH power efficiency.
- On-chip temperature- and voltage-sensing capabilities.
- Support for up to 256 integrated circuits per chain.
- Reference hardware design and software stack to jump-start customers’ system development.
Well, say from a business perspective or a technology perspective or even from an environmental perspective as long as Intel’s Blockscale ASIC processors can deliver such huge has rates, up to 580 GH/s drawings very less power, this is a great thing for the industry as a whole.
Be it for miners or mining firms, or say blockchain specific companies, banks leveraging blockchain to make their payments more secure, Intel has a huge market to aim at and it knows its potential. The blue team has stated that it will launch these Intel Blockscale ASIC processors to customers in the third quarter of 2022.
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