The deal, coupled with a manufacturing agreement with an original design manufacturer , is expected to increase Hive’s aggregate Bitcoin mining hashrate by up to 95%, from 1.9 exahashes per second , according to aHive, a publicly-traded company based in Vancouver, Canada, also laid out its plans to host 100 megawatts of mining capacity in one of Compute North’s Texas renewable energy data center facilities. This will be their first foray into the U.S.
Intel’s new bitcoin mining ASIC chips will be incorporated into mining equipment custom-built for HIVE, according to the company. The tech giant has previouslyWhile expanding its mining operations, Hive said it is also prioritizing the use of clean energy. “Intel’s energy-efficient and high performance blockchain accelerator is expected to reduce our power consumption over current ASIC miners on the market,” said president and COO of Hive Aydin Kilic.
that its new chip — nicknamed Bonanza Mine — provided more energy efficiency than other models currently available in the market, during the 2022 edition of the International Solid-State Circuits Conference last month.
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