INTEL: Intel Unveils Bonanza Mine Chip for Efficient Bitcoin Mining at ISSCC 2022

Intel had been preparing to present its first Bitcoin mining ASIC at ISSCC 2022, and as the event began on February 20, Intel has revealed more details about the Bonanza Mine ASIC, as well as its Bonanza Mine System — a self-contained computer with 300 Bonanza Mine ASICs that can deliver 40 terahashes per second (THash/s) of performance while consuming 3,600W of power. The chipmaker's presentation focused on the first-generation ASIC Bonanza Mine dubbed BMZ1, as well as a system built on them; however, Intel is already planning to ship a second-generation product to clients, the details of which have yet to be divulged.

While it may seem like a lot of data for non-miners, it's worth noting that Intel's performance numbers for the BMZ1 don't quite measure up to the competition from Bitmain, as CryptoAge points out. However, as previously stated, the business has already began selling a second-generation device dubbed BMZ2 to its customers. According to CoinTelegraph, the Bonanza Mine System has four hash boards, an Intel FPGA control unit, four fans, and a customizable power supply. An FPGA is a "field programmable" integrated circuit that allows customers to change the hardware after manufacture to fulfill specific use case needs — in this case, Bitcoin mining.