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Intel launches new Bitcoin mining chip Blockscale

Published 04/04/2022, 01:45 PM
Updated 04/04/2022, 03:20 PM
Intel launches new Bitcoin mining chip Blockscale

On Monday, semiconductor manufacturing titan Intel (NASDAQ:INTC) unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.

As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash (J/TH). Each chip can be combined and merged into a single mining unit, increasing its output with a maximum of 256 integrated circuits per chain.

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