Intel’s BMZ2 processors are believed to have a similar design to its first-generation mining chip, the BMZ1, in which over 300 chips, each powered by a 3600W miner, work together to deliver up to 40TH/s in a balanced environment.
Intel’s mandate to help Bitcoin Miners
Intel Corporation, a computer chip manufacturer, revealed details of a new mining chip that would be paired with a high-performance 3,600 Watt miner with the purpose of increasing Bitcoin (BTC) mining efficiency.
During the IEEE International Solid-State Circuits Conference (ISSCC) 2022, a conference dedicated to the electronics and chip manufacturing industries, Intel unveiled their second-generation BTC mining rig.
Bonanza mine (BMZ2), according to the business, is an ultra-low-voltage energy-efficient Bitcoin mining ASIC with a performance of 40 Terahashes per second (40 TH/s).
Intel’s patent for “high-performance Bitcoin mining” was filed in November 2018, and it proposed a 15 percent reduction in overall power consumption. At the time, Intel executives expressed confidence in competing against established companies such as Bitmain, MicroBT, and Nvidia:
“Intel has done design work around SHA 256 optimized ASICs for several years beginning with pathfinding work done in Intel Labs.”
Intel’s BMZ2 chips
The BMZ2 chips are likely to have a similar design to its first-generation mining chip, the BMZ1, in which over 300 chips, each powered by a 3600W miner, collaborate to deliver up to 40TH/s in a balanced environment.
Intel’s next-generation BTC miner will be capable of delivering a balanced performance of 40.4 TH/s while consuming only 2,293W of power, resulting in a low energy usage of 56.97 joules per terahash (J/Th).
Furthermore, the hardware will be able to operate in high-performance and power-saving modes to maximize the energy-cost ratio across a range of mining efficiencies.
The BMZ2 chips are likely to have a similar design to its first-generation mining chip, the BMZ1, in which over 300 chips, each powered by a 3600W miner, collaborate to deliver up to 40TH/s in a balanced environment.
Intel’s next-generation BTC miner will be capable of delivering a balanced performance of 40.4 TH/s while consuming only 2,293W of power, resulting in a low energy usage of 56.97 joules per terahash (J/Th).
Furthermore, the hardware will be able to operate in high-performance and power-saving modes to maximize the energy-cost ratio across a range of mining efficiencies.
BTC mining equipment must change in order to give more performance while spending less energy as the hash rate rises.
