Intel Patents Low-Energy Bitcoin Mining Tech

[kreslik.news]

Intel has quietly been working on a patent that is designated to solve one of the biggest problems for the cryptocurrency industry. A filing with the US Patent Office shows that the firm has already filed a document for approval.

The tech giant which has practically made computing devices a household item with the Intel Pentium processor which was first unveiled in 1993 is describing a mining hardware accelerator. The main functionality of the unit is to cut down on the cost of electricity that is used by Bitcoin miners.

Brief Technical Details

According to Intel’s patent, one of ... (read more)