Intel Files Patent For Energy-Efficient Bitcoin Mining Hardware

Intel is exploring the creation of specialty hardware for mining the popular cryptocurrency Bitcoin, according to a U.S. patent application released Thursday. The patent, filed on Sept. 23, 2016, describes a Bitcoin mining hardware accelerator that may include a processor core with a hardware accelerator coupled with it. Bitcoin mining is the process of using powerful computer processors to record Bitcoin transactions on a public ledger, which is done by attempting to solve cryptographic puzzles. If the miner becomes the first to solve the puzzle and record the next transaction,…

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