Intel To Share New Bitcoin Mining ASIC

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  • Intel could be about to enter the bitcoin mining chip-making industry.
  • The giant chipmaker will present “Bonanza Mine,” an “ultra-low-voltage energy-efficient bitcoin mining ASIC” at the upcoming ISSCC conference on February 23.
  • It’s unclear whether the presentation will entail a product launch, a proof of concept demonstration, or simply sharing a project.

Intel, the market leader in computer chip manufacturing, is on the brink of penetrating the bitcoin mining ASIC-making market to compete with the likes of Bitmain and Canaan, Tom’s Hardware first reported.

The giant chip producer will present a new “Bonanza Mine” chip at the upcoming ISSCC conference, which according to conference information is an “ultra-low-voltage energy-efficient Bitcoin mining ASIC.”

Intel’s bitcoin mining ASIC presentation at ISSCC on Feb. 23  source: Tom’s Hardware.

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