Highlights
- Intel’s 300 BMZ1 chips combine to give a power rating of 3,600 watts (W) while delivering 40 terahash per second (unit – TH/s) of computing power.
- Bitmain, the mining company, will soon introduce a new liquid-cooled miner that will reach up to 198 TH/s.
Intel, one of the most prominent chip manufacturers, released the technical specifications of its Bonanza Mine bitcoin miner hardware at the 2022 edition of the International Solid-State Circuits Conference (ISSCC). It is claimed that the miner provides greater efficiency than other service providers in the market.
Intel announced that each Bonanza Mine (BMZ1) miner packs 300 BMZ1 chips. Presently, Bitcoin mining is carried out using specialized hardware called an application-specific integrated circuit (ASIC).
Intel’s 300 BMZ1 chips combine to give a power rating of 3,600 watts (W) while delivering 40 terahash per second (unit – TH/s) of computing power. But the latter specification lags behind the hash rate that the top miners in the market claim. Here, hash rate refers to the speed of mining. It measures computational power per second used when mining. It is determined in units per second, meaning how many calculations can be performed every second.
The future of mining series has some well-known names – Bitmain’s Antminer S19 and S19 Pro delivers 95 to 110 TH/s and MicroBT’s WhatsMiner M30s that produces up to 112 TH/s of hashing potential. It has been reported that Bitmain is working on a new liquid-cooled miner, which it claims will be able to reach up to 198 TH/s.
Intel also said that BMZ1’s hashing power fails to match its competitor, but it is more energy-efficient.
The dates of delivery or release of the BMz1 chips have not been announced yet. Clients and customers will have to wait a while before they incorporate their mining systems. As per reports, the tech giant has plans to unveil the second generation of BMZ1 miner hardware.
