INSUBCONTINENT EXCLUSIVE:
Intel will release its first crypto-focused chip, dubbed "blockchain accelerator", later this yearIntel is investing in blockchain
technology with a new chip designed to mine cryptocurrencies
The chipmaker said on Friday that it will begin selling the chip customised to mine Bitcoin and other cryptocurrencies later this year
Block (previously Square) and two mining businesses, Argo Blockchain and Griid Infrastructure, are among its first customers
Mining is a computationally-intensive process for cryptocurrencies that records transactions on a globally shared database known as the
A new coin is awarded to the first miner who solves a difficult computing task.In a blog post, Senior Vice President and General Manager of
are focusing our efforts on realising the full potential of blockchain by developing the most energy-efficient computing technologies at
Intel also announced the formation of a custom compute group within its Accelerated Computing Systems and Graphics business unit to develop
the silicon platforms for blockchain and other computing applications.According to Cambridge University's Bitcoin Electricity Consumption
Index, cryptocurrency mining consumes massive amounts of energy, with a current projected rate of 125 terawatt hours per year
According to the Energy Information Administration, that's more than the electricity usage of Norway in 2020.
