Intel unveiled the BMZ1 “Bonanza Mine”, its first ASIC processor dedicated to Bitcoin mining

Although expectations were high, the first generation of the ASIC mining process (BMZ1 “Bonanza Mine”) developed by Intel for Bitcoin mining fails to outperform the market leader Bitmain’s alternatives in terms of energy efficiency.

However, even if it is not as powerful or effective as the long-improved solutions provided by players such as Bitmain, MicroBT and Canaan, the Intel BMZ1 chip succeeds from the outset what was needed for other players in this highly competitive industry. for years and many unsuccessful attempts. With Block, the newly formed company of Jack Dorsey, the former CEO of Square, among its customers, Intel is rightfully entering the ASIC mining systems market, leaving only to perfect its “arsenal” of chips.

Read:  Galaxy S22 FE could be launched with Exynos 2300 processor. It will replace the A74

Demonstrated in equipping a mining equipment with 300 BMZ1 chips, the Intel Bitcoin mining solution manages to deliver a performance of 40 terahash per second, in conditions of a total consumption of 3600 Whr. For comparison, the latest generation solution of rival Bitmain, Andminer S19j, can deliver a performance of 90 terahash per second, in conditions of a total consumption of only 3100 Whr.

For customers with larger budgets and access to very cheap electricity, Intel also offers equipment with a power of 198 terahash per second and a consumption of 5445 Whr, equipped with a liquid-based cooling system.

Although not as efficient as some of the competing solutions, the Intel BMZ1 chip could have the advantage of manufacturing costs and implicitly purchasing the mining equipment. Made using the 7 nm manufacturing process and based on a highly optimized design, the BMZ1 chip can be produced in volumes of up to 4000 units per silicon waffer. And if the success rate of the chips made is low enough, we can already talk about important savings that future customers can make from the initial expense, with the purchase of mining equipment.

Read:  Samsung could also offer recycled components as a low-cost option for phone repairs

Reaffirming its commitment to the highly profitable market it has just entered, Intel is already announcing the preparation of the second generation of its blockchain accelerator, and more efficient in terms of energy consumption.

The Best Online Bookmakers July 17 2025

Cloudflare rayID 9608b5c42b3a86f4

Legendplay Casino

Legendplay Casino

Bonus

€500+ 200 Free spins

Royalistplay Casino

Royalistplay Casino

Bonus

€1,000

DirectionBet Casino

DirectionBet Casino

Bonus

-