Intel had been preparing to present its first Bitcoin mining ASIC at ISSCC 2022 and as the event got underway on February 20, Intel has revealed more details of the Bonanza Mine ASIC, as well as its Bonanza Mine System — a self-contained computer, which features 300 Bonanza Mine ASICs to deliver 40 terahashes per second (THash/s) of performance while consuming 3,600W of power.
The chipmaker’s presentation was dedicated to the first-generation ASIC Bonanza Mine codenamed BMZ1, as well as a system based on them, however, the company is already set to ship a second-generation product to clients, details of which are yet to be revealed by Intel.
While that sounds like a barrage of numbers for non-miners, it is worth noting that Intel’s performance numbers for the BMZ1 don’t quite match up to the competition from the likes of Bitmain, as noted by CryptoAge. But as mentioned, the company has already begun shipping a second-generation product codenamed BMZ2 to its clients.
Intel’s new mining chips, the BMZ2, will be available later this year with US electric power company GRIID Infrastructure, crypto mining firm Argo Blockchain, and Jack Dorsey-led Block among the first clients in line to receive the first batch of mining chips.