Intel Corporation is interested in developing specialty hardware for the mining of Bitcoin, which may help small-time miners once again turn profits.
Intel to the Rescue
According to a United States Patent Application released on March 29th, technology giant Intel is interested in creating specialized hardware for Bitcoin mining. The patent application was filed on September 23rd, 2016, and describes a Bitcoin mining hardware accelerator.
According to the filing’s abstract, the patent is for “A System on Chip implementing a Bitcoin mining hardware accelerator [which] may include a processor core and a hardware accelerator coupled to the processor core.” The hardware accelerator is intended to “mine digital currency,” and “may include a first computational block, including a message digest datapath,” as well as “a second computational block.”