In a nutshell: Intel’s accelerated computing group has began transport its second-gen Blockscale ASIC for SHA-256 cryptocurrencies like Bitcoin. The launch is months forward of schedule, however nonetheless too late to capitalize on the latest cryptocurrency craze.
Intel introduced that it was creating Blockscale ASICs in January when Bitcoin was value twice as a lot as it’s now and {hardware} was desperately in demand. Its second-gen is arriving after the market has satiated its want, which is normally when Intel begins transport its {hardware} (I am you, Arc GPUs).
Regardless of that, the Blockscale ASIC (application-specific built-in circuit) is a superb chip. It measures 7 mm by 7.5 mm and consumes simply 4.8-22.7W however hashes Bitcoin at as much as 580 GH/s (gigahash per second). It is solely able to SHA-256 proof-of-work calculations, although.
Raja Koduri, govt VP and normal supervisor of the Accelerated Computing Programs and Graphics (AXG) Group for Intel, tweeted the information on the finish of final week…
Intel AXG Customized Compute staff is now transport the Blockscale ASIC! First product will at all times be unforgettable, congratulations staff’
Excited to see how @ArgoBlockchain @griid and @HiveBlockchain improvise round Blockscale and our open design. pic.twitter.com/0rxtNTLMfw— Raja Koduri (Bali Makaradhwaja) (@RajaXg) June 29, 2022
Koduri appears to have forgotten in regards to the first-gen Blockscale ASIC that was introduced in February. Intel did say on the time {that a} second-gen mannequin was in-development after which it introduced it simply two months later, so maybe the primary model does not qualify as a fully-fledged product in Koduri’s eyes.
In any case, the second-gen mannequin is significantly better than the primary. It consumes simply 26 J/TH (Jules per terahash) whereas its predecessor consumed 90 J/TH. It is also extra aggressive with choices from different corporations. Intel’s system with 256 ASICs can hash at a fee of 148 TH/s with the consumption of three,850 W, about on par with Bitmain’s S19 Professional at 110 TH/s and three,250 W. Each techniques value between $5,000 and $6,000.
Koduri tagged GRIID Infrastructure, Hive Blockchain Applied sciences, and Argo Blockchain in his tweet, three corporations that mine cryptocurrencies utilizing renewable energy sources. Intel markets the Blockscale ASIC as an environmentally-friendly product and it is good to see it standing by these rules by partnering with like-minded corporations.