Intel Wishes to Patent a Bitcoin Mining Hardware ‘Accelerator’


Tech big Intel is in search of to patent a components “accelerator” for bitcoin mining chips, a freshly-printed submitting reveals.

The application for a “Bitcoin Mining Hardware Accelerator With Optimized Message Digest and Message Scheduler Datapath” was printed on Thursday, although it was at first submitted to the U.S. Patent and Trademark Place of work (USPTO) in September 2016. In the submitting, Intel outlines a process by which it could increase the existing bitcoin mining system, consuming considerably less energy – thus expending considerably less revenue – in the system.

As Intel writes in the submitting:

“Because the computer software and components utilized in Bitcoin mining employs brute pressure to consistently and endlessly accomplish SHA-256 features, the system of Bitcoin mining can be pretty electrical power-intense and make the most of massive amounts of components place. The embodiments explained herein optimize Bitcoin mining operations by cutting down the place utilized and electrical power consumed by Bitcoin mining components.”

Intel’s application goes on to be aware that its “accelerator” approach could reduce electrical power use by as a lot as 35%, when compared to standard-reason processors.

It can be a notable submitting from a business when connected to the mining operation of Silicon Valley startup 21 Inc., which later made available its eponymous bitcoin computer system and later pivoted to a social network offering known as Gain.com. As Bit-coinTalk reported in 2015, Intel developed chips for 21 at its foundry, although a hinted program to integrate the chips into other Intel merchandise hardly ever materialized.

Notably, Intel proposed that the idea isn’t really confined to application-distinct integrated circuits (ASICs), but “processors, [systems on chip], and [field-programmable gate array] platforms” as well. Place far more basically, the “accelerator” could be applied to an array of mining established-ups.

While not explicitly centered on cryptocurrency mining, a preceding patent application from Intel printed in December proposed that the tech big sees a part for the strength-intense system in genetic sequencing.

Impression Credit score: Nor Gal / Shutterstock.com

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