Intel Wins Bitcoin Mining Patent After 2 Year Wait, But is it Already Too Late?

This week Intel’s “Optimized SHA-256 datapath for energy-efficient high-performance Bitcoin mining” patent, which was originally filed for on June 29, 2016, has finally been granted.

According to the patent’s technical description, the proposed processing system involves ‘micro-architectural optimizations’ that increase the efficiency of Bitcoin mining computations and reduce overall power consumption by as much as 15%.

“The hardwiring of these parameters eliminate the need for recursive rounds of computations of these parameters and reduce the overall circuit area and power consumption by about 15%.”

This article appeared first on Cryptovest

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