US technology company Intel has filed a patent for a Bitcoin (BTC) mining hardware accelerator that would reduce the amount of electricity used in crypto mining by “reducing the space utilized and power consumed by Bitcoin mining hardware,” according to a US Patent and Trademark Office patent application released yesterday, March 29.
The patent, originally filed on Sept. 23 of last year, seeks to solve the “challenge for miners” of “search[ing] through the entire nonce space in a brute force manner while minimizing energy consumption per hash and maximizing performance per watt.”
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