Intel Considers Unveiling Low Voltage BTC Mining ASIC In February

Intel considers unveiling low voltage BTC mining ASICs in February and this could bring the company on the level of Bitmain and MicroBT so let’s read further in our Bitcoin news today.

Intel is one of the world’s largest chip makers in the world. Now, Intel considers unveiling a specialized crypto-mining chip at the International Solid-State Circuits Conference according to the conference’s agenda. One of the highlighted chip releases is entitled “Bonanza Mine: An Ultra-Low Voltage Energy-Efficient Bitcoin Mining ASIC”.

This can bring the company into direct competition with the likes of Bitmain and MicroBT in the market for BTC mining ASICs for the first time. Crypto mining has driven up the demand for prices of graphic processing units in the past, including Intel’s so much that it attracted a lot of gamers. Unlike its competitor Nvidia, Intel said it doesn’t plan to add Ether mining limits on the cards.

Also as recently reported, Intel revealed that its upcoming line of graphic cards will not include software of hardware restrictions on crypto mining so speaking at the Gadgets360, IntelVP and GM of Client Graphics PRoducts and Solutions Roger Chandler said that the company’s upcoming Arc graphic cards will not include lockouts of things of this nature.

Intel is just one GPU manufacturer that is battling with the question of how to balance the competing customer bases and the traditional market for these graphic cards was upended by the arrival of crypto miners that use the GPUs to mine cryptos like ETH. While Intel will not limit crypto mining, rival GPU manufacturer Nvidia tried to restrict crypto mining using its hardware by introducing hash rate limits which throttle the ability of the cards to be used for mining. Nvidia announced that its latest line of GeForce graphic cards would be less desirable for the miners and said that GeForce is for gaming alone.

The tech giant Microsoft integrated the Intel Threat Detection Technology in its Defender for Endpoint product which will likely increase detection ability and enhance protection against crypto-jacking malware. In the past few years, the main cryptocurrency along with many other altcoins appreciated in value which caused a huge uptick in interest for crypto mining as well. The process involved validating data blocks and adding transaction records for the public ledger known as the blockchain.

Source: https://www.dcforecasts.com/bitcoin-news/intel-considers-unveiling-low-voltage-btc-mining-asic-in-february/