The mega amount of energy mining requires has been the bane of environmentalists for years. Concerned about the earth, they have called for Bitcoin miners to find other ways to solve their problems. But then, along comes Intel, and they are entering huge with yet another solution that should put a smile on everyone’s face.
At the International Solid-State Circuits Conference (ISSCC) at the San Francisco Marriott Marquis in February, Intel is slated to unveil something extraordinary. So, It appears they have created a circuit that can save energy in mining. And we’re not talking just about a little bit of electricity. We’re talking Ultra Low-Voltage! At least that’s what they’re calling it, the “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC.”
Tom’s Hardware reports that representatives from intel had this to say, “Intel has done design work around SHA 256 optimized ASICs for several years beginning with pathfinding work done in Intel Labs. We will share more details in the future.”
The Time Has Come To Save Energy In Mining
The “Ultra Low-Voltage Energy-Efficient Bitcoin Mining ASIC” or application-specific integrated circuit will be Intel’s entrance into the Bitcoin mining industry. What a way to enter? It’s revolutionary with a solution that could save a great deal of energy for the entire mining community.
Bitcoin miners have already been finding energy mining solutions to satisfy environmentalists. They’ve turned to hydropower and solar power to fuel their operations. Some operations even utilize escaping Natural Gas in a unique way to solve two problems at once. First, while effectively fueling their operations, they also use Natural Gas that would otherwise be wasted.
So, this is another step in the right direction. Why wouldn’t the Bitcoin mining community embrace Intel’s circuit that promises to reduce how much energy mining uses? They’re cutting mining costs, and very significantly, I might add. I don’t think anyone will have to twist their arm.
Bitcoin is the future, and the future is now. Go bank, Yourself!