Tech giant Intel, one of the world's largest chipmakers, plans to present Bonanza Mine, "a low-voltage, energy-efficient Bitcoin mining ASIC," in February.
The presentation of the device will take place at the 2022 IEEE International Solid-State Circuits conference, to be held Feb. 19-26. Intel's performance is scheduled for February 23, according to the event's program.
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Judging by Intel's previous statements, the company has long been interested in building hardware to work with Bitcoin. In 2015, it became a technology partner of Bitcoin startup 21 Inc. According to promotional material from the time, Intel's factory produced mining chips for use in 21 Inc. devices.
In 2018, Intel filed a patent application for a mining hardware "accelerator" designed to reduce energy costs in cryptocurrency mining.