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Intel claims sustainability for its custom chip that mines bitcoins faster than GPUs



April 08, 2022 at 06:58PM

Intel this week announced details of its new Blockscale ASIC chip designed specifically for more efficient blockchain computing than CPUs or GPUs. It first said it was making such a chip just two months ago.

Blockscale is specifically designed to process the Secure Hash Algorithm-256 (SHA-256), which is used by blockchain, and the performance is phenomenal, at least on paper. Blockscale has a hash rate operating speed of up to 580GH/s, or gigahashes per second.

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