The CEO of Intel, Pat Gelsinger, recently unveiled the Bonanza Mine crypto mining chip, despite previous criticism over high energy consumption in Bitcoin mining. The Bonanza Mine chip is a 7nm chip that aims to reduce power usage during mining activities while maintaining processing power. Intel has developed a Bitcoin mining system with four circuit boards, each containing the Bonanza-6 chips. The chip’s power supply is programmable, and the system includes an Intel FPGA-based controller and a cooling system with four fans. The Bonanza Mine chip is designed to support advancements in self-control technologies like web 3 and the metaverse. The video also mentions a free ebook on cryptocurrency with tips for getting started. Overall, Intel’s entry into Bitcoin mining with the Bonanza Mine chip represents a significant development in the industry, aiming to address concerns about energy consumption while still maintaining processing power.
