Chipset is a kind of processor that manages the basic and integrated interfaces on the computer's motherboard and provides the data flow between them.
Intel shared the details of its high-performance chip to increase mining efficiency. During the IEEE International Solid State Circuits Conference (ISSCC), a conference for the electronics and chip manufacturing industry, it was said that the new Chipset to be released by Intel can accelerate to an average of 40 TH/s. Also at the Conference, it was discussed that Bonanza Mine (BMZ2) is a low-voltage device with high energy efficiency.
In 2018, Intel proposed to reduce power consumption by 15% by obtaining a patent called “high-performance bitcoin mining”. Intel then worked on it for several years in its own Labs.
The BMZ2 Chipset is expected to look similar to the first generation BMZ1. Intel's next-generation Bitcoin mining device uses 2,293 W of power, with a performance of 40.4 TH/s, consuming 56.97 j/TH per terahash. When we compare these data with Antminer S19j, which Bitmain consumes 34.5 j/TH per terahash, it still seems that BMZ2 can be improved.
In addition, the product will include performance-determining modes in order to optimize the energy-cost ratio according to the mining efficiency degrees. In other words, the desired product will be able to use high or low performance. Intel has not yet announced the official launch date of its second-generation mining device.
BMZ2 Step from Griid
A recent S-4 filing from Ohio-based Bitcoin mining startup Griid, which plans to go public through a $3.3 billion SPAC merger, indicates that the startup has signed an agreement with Intel this year that includes orders for BMZ2 chips. Details about BMZ2s are not very available at the moment. However, if they perform as well as mentioned, it could greatly address Bitcoin's energy concerns.