Evidence has emerged that Intel is working on a special bitcoin mining device. Throughout the card &; , specifically ASIC acceleration chip, and reached long-term cooperation with big customers.

Today, Intel officially announced this special product and created a new business unit around it.

Intel positioned it as &LDquo; Blockchain Accelerator & RDQUO; Blockchain Accelerator, which makes use of encryption technology, hashing technology, and ultra-low voltage circuit technology developed by Intel LABS for decades, is not only very small in area, but also extremely energy efficient. The SHA-256 algorithm is claimed to be more than 1,000 times more efficient than mainstream GPU graphics cards in mining performance.

More technical details will be announced at the ISSCC International Solid-State Circuits Conference later this month.

The product will ship later this year with three major bitcoin mining companies -- Argo Blockchain, BLOCK(formerly Square), and GRIID Infrasturcture -- among its first customers.

At the same time, In order to support new products and promote an open and secure blockchain ecosystem, Intel is launching a new oneCustom Compute Group, is part of the Accelerated Computing Systems and Graphics business unit led by Senior Vice President Raja Koduri.

Previously revealed that Intel this & LDquo; Throughout the card &; Named BZM2, using Intel 4 process manufacturing, area is only 14.16 square mm, core frequency 1.67GHz, mining power 137GH/s, power consumption is only 2.5W.

Twenty-five of these chips can form a system with a total voltage of just 8.875V, with an average of just 0.335V per chip.

Official rendering