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Bonanza Mine: Intel's new project that proposes a solution to the market.

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@fabian98
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Hello everyone...

The issue of crypto mining is something much-debated worldwide as it causes much furor the fact that it consumes large amounts of energy and that this affects the environment in the medium term, although in reality, the environment is getting worse for more than 200 years of the harmful industrial revolution that has been in the world, as you have to have a new scapegoat when governments and companies do not assume their guilt.

That is why they have taken harsh measures against miners, even banning them in some countries and even expelling them as was the case in China. In the face of all these events, different ways are being developed around the world to reuse the miners' residual energy or to use clean energy sources, as in the case of Salvador and its thermal energy.

Now, crypto mining hardware companies are also doing their part and have been launching new equipment that consumes less energy and is more environmentally friendly. That's why mining equipment like Helium, which doesn't consume as much energy as a traditional miner and can also have the same performance, has been released.

But in the crypto-mining market, a new competitor will enter the market, proposing a new way of mining that is not only efficient but also offers solutions for other markets and the environment. This is Intel and its new project dubbed Bonanza Mine, which will be a series of outstanding chip launches that are described as low-voltage, energy-efficient Bitcoin mining ASICs.

Koduri, the head of Intel's graphics processor, mentioned that the advantage of Intel's new mining chip is that it is something completely separate from the graphics processors, i.e. the gamer market. And this is something that has affected a lot since the pandemic began, since the most powerful graphics cards are scarce because they are highly demanded by miners, even the market for second-hand graphics cards also has a high cost.

In addition, Intel has also been working to launch its first line of discrete graphics cards for gaming, called Intel Arc Alchemist, which will also represent stiff competition in the gamer market. So this solution that intel is planning could be very beneficial in the long run as they would be solving two types of markets that are in high demand. In addition, the fact that this new series of mining chips will further optimize the mining process will make intel a step ahead of its competitors Nvidia and AMD, which will make intel even more valuable as a worldwide processor company.

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