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First deployment of Intel ASIC-equipped machine: Hive Blockchain ─ Will the monopoly market of the two major companies change | coindesk JAPAN | Coindesk Japan

by Damien Martin
16 January 2023
First deployment of Intel ASIC-equipped machine: Hive Blockchain ─ Will the monopoly market of the two major companies change | coindesk JAPAN | Coindesk Japan
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Bitcoin mining company Hive Blockchain announced on January 13 that it has deployed its first machine powered by Intel’s Blockscale ASIC.

Blockscale has the potential to break the virtual monopoly of the mining machine market by Bitmain and MicroBT, and the major difference from existing machines is that mining companies design their own machines.・It can be developed.

Hive President and COO Aydin Kilic previously said that the 5,800 machines delivered by the end of 2022 will total between 638 petahashes per second (PH/s) and 754 PH/s, or It is said that each unit will demonstrate computing power of 110 terahash/second (TH/second) to 130 TH/second. These numbers fall short of Bitmain’s latest models, such as the Antminer S19 XP and S19 Pro+ Hydro.

Hive also does not disclose the power efficiency of its machines, a key metric for mining companies facing power cost issues. In April 2022, Intel announced a power efficiency of 26 joules per terahash (J/T), which, while not as good as Bitmain’s S19 XP series, is on par with or better than the current mainstream models on the market.

More than 1,500 Blockscale-powered machines are already in operation at mining facilities in Canada and Sweden, Hive said, meeting its envisaged targets. It said it had originally ordered 13,000 machines for 2022, but cut back to “expand its business in response to the bear market.”

|Translation: coindesk JAPAN
|Editing: Takayuki Masuda
| Image: Hive’s mining facility in Sweden (Sandali Handagama/CoinDesk)
|Original: Hive Blockchain Deploys First Intel-Powered Bitcoin Mining Machines

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Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

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