Intel has announced its desire to contribute to the development of blockchain technologies with the help of a roadmap for energy-efficient accelerators. Intel will enable and promote an open and secure blockchain ecosystem, and promote the development of this technology in a responsible and sustainable manner.
We remember that some blockchains require a huge amount of computing power, which unfortunately leads to a huge amount of energy. Our clients need scalable and resilient solutions, which is why we have focused our efforts on realizing the full potential of blockchain by developing the most energy efficient and scalable computing technologies.
Our blockchain accelerator will be released later this year. We work directly with clients who share our sustainability goals. Argo Blockchain, BLOCK (formerly known as Square) and GRIID Infrastructure are some of our first clients for this future product. This architecture is implemented on a tiny piece of silicon, so it has minimal impact on the delivery of current products.
Intel Labs has spent decades researching strong cryptography, hashing techniques, and ultra-low voltage circuits. We expect our circuit innovations to create a blockchain accelerator with over 1,000 times the performance per watt of conventional SHA-256 mining GPUs.
To support this and additional new technologies, we have formed a new Custom Compute Group within the Intel Accelerated Computing Systems and Graphics business unit. The goal of this team is to create custom silicon platforms optimized for customer workloads, including blockchain and other custom accelerated supercomputing capabilities at the edge.
Simply put, Intel is developing some kind of hardware solution to accelerate the blockchain. It is not clear in what form it will accelerate the blockchain, but the company emphasizes that it will be as energy efficient and safe as possible. Considering that Intel is going to release a product this year, the development has clearly been going on for a long time, so the details will not be long in coming.
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