Friday, June 21, 2024

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip.

According to various reports from the 2022’s ISSCC event, there is new information regarding Intel’s latest crypto-mining accelerator chip that was introduced to the public. On the 12th of February, a new article was reported by Bitcoin.com related to Intel’s intent of crafting blockchain accelerator chips. Raja M. Koduri, Intel executive, described the company’s new goal.

A presentation given by Intel at ISSCC disclosed the BMZ1 (Bonanza Mine) accelerator. But Paul Alcorn, author of Tom’s Hardware, said that Intel, as of now, is working on a 2nd generation Bonanza Mine ASIC. Bonanza Mine ASIC is also known as the BMZ2.

As noted by Alcorn’s research, Intel explained how they incorporated 300 chips and made a 3,600W powerful miner that carries 40TH/s of the performance. This BMZ1 (Bonanza Mine) supports a 7-nanometer process and the size is somewhere around 7×7.5mm exposed-die FCLGA package. Although BMZ1 is said to be a 7nm process, it still does not offer much information on the node process.

The hash is the basic element of mining a cryptocurrency on the blockchain. It is the size of the number of performances necessary to authenticate the token existence distributed across decentralized ledgers, and brought it into the circuit within the blockchain’s network. To put it into simple words, it is the key unit of power consumed by all the crypto tokens, which means it is very essential for all crypto miners around the world.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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