Intel launches new Bitcoin mining chip Blockscale

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Intel launches new Bitcoin mining chip Blockscale
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Anyone remember the 'Intel Inside' slogan? Now the tech giant is creating Bitcoin mining chips with a hashrate of up to 580 gigahashes.

per second , consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash . Each chip can be combined and merged into a single mining unit, increasing its output with a maximum of 256 integrated circuits per chain.a hash rate of 110 TH/s, consumes 3,250 watts of power, and possesses an energy efficiency of 30 J/TH. Theoretically, a mining unit composed of 256 Blockscale chips would have a total hash rate of 148.

Intel says it will start shipping Blockscale during the third quarter of 2022. Argo Blockchain, Block, Hive Blockchain Technologies and GRIID Infrastructure will be among the first companies to develop new systems based on the firm's ASIC.

"We are proud to collaborate with and provide solutions to companies that are creating a more sustainable cryptocurrency ecosystem globally. The Intel Blockscale ASIC will play a major role in helping Bitcoin mining companies achieve both sustainability and hash rate scaling objectives in the years ahead."

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