Profit to be: Intel patented technology effective Bitcoin mining
Source:Mining still dominates the minds of people of its potential profitability. The trend has even succumbed to the leadership of Intel, which is now actively working to increase the efficiency of production of coins. According to the patent and trademark office, the company registered a new patent that describes a «method of effective Bitcoin mining».
theIntel has interest in cryptocurrency
Allegedly excessive electricity consumption by the network of Bitcoin is the main argument of the opponents of digital assets. However, as we have already seen that mining cryptocurrency brings a lot more good than harm. To minimize their losses during the production of coins, major technology companies are actively looking for new solutions in the field of mining.
Patent Intel have to give the market the equipment that will be able to produce the largest number of bitcoins at the lowest possible power consumption. The document mentions about a 15 percent cost reduction at the expense of «optimized algorithms for the calculation of data».
Clusters of chips for mining on SHA-256 algorithm consume a lot of electricity, more than 200 watts. The embodiments of the invention involve the integration of more efficient chips with less power consumption.
Earlier, Intel was several times mentioned in the patents, which related to kriptonyte. In March, the company made the offer «to reduce energy consumption by hash and increase the performance per watt». A breakthrough in this area will allow Intel to dramatically improve market share, because it will have a technological advantage over their potential competitors and Canaan Creative.
image Source — Wallscloud
However, in the current environment it is difficult to say whether the new sysout asik popularity among customers. Now the Chinese miners EN masse the old equipment because of the collapse in the prices of cryptocurrencies. In Russia, too, there was this situation — the number of ads on the sale of GPU farms at low prices several times since the beginning of this year.
More details about the new hardware for mining can be found in our . Our subscribers are at the bottom .
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