Hive Blockchain Cuts Computational Power On Intel Chips

Hive Blockchain, a cryptocurrency mining startup, will receive less computer power than expected from its mining rigs utilizing Intel’s latest CPUs.

Hive did not reveal the machines’ energy efficiency or cost, which are important indicators for miners battling to keep up with increased power bills. The Intel processor is marketed as eco-friendly, implying that efficiency will be its strong strength.

Argo Blockchain, another early Intel client, opted to rebuild the computers, causing deployment delays.

The London-based company, which is working on the rigs with ePIC Blockchain, stated that it wanted to reorient the machines toward greater power efficiency. Initially, the devices were intended to provide computational power.

According to the Hive, some of the equipment has already been installed, with the remainder anticipated by the end of January. The computing power of the rigs is approximately 109 terahahes/second (TH/s) per machine, which is slightly higher than Bitmain’s Antminer S19 Pro, which was released in 2020.

The 5,800 new Hive Buzzminers machines will have a total computational capability of more than 630 petahash/second (PH/s). It estimated a total of 1 exahash/second (EH/s) in October.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News