Intel launches a new chipset for Bitcoin miners that promises to lessen energy demands

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Among the accusations that Bitcoin applications face,

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an immense energy requirement and the resulting impact on the environment is the biggest one.

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Intel may have an answer to that now, as the chip giant has launched

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Its second-generation bitcoin mining chip, is named "Intel Blockscale ASIC."

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Intel says that the new chip will enable "energy-efficient hashing for proof-of-work consensus networks."

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In other words, Bitcoin miners will be able to use the chip to conduct.

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The complicated computations involved in Bitcoin mining in a manner.

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That requires much less power than conventional chips.

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Intel anticipates that its new Blockscale ASIC can offer an optimal balance of hashing throughput

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and energy efficiency regardless of a customer's operating environment.

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