Author

Topic: when a modern US bitcoin ASIC? (Read 496 times)

jr. member
Activity: 82
Merit: 1
November 04, 2017, 04:17:25 PM
#5
It's not because Intel hasn't worked on ASICs that the ones we have now are not well developped.
If Intel wanted to start now, they would still have a lot of catching up to do.
That being said, once they catch up, the ressources they could put in would outmatch other players, giving a better product.

Also there's the issue of energy cost in the US. Why produce a bitcoin ASIC that can only afford to be run at a profit and ROI elsewhere than the US?

And so it goes.  The energy it takes to manufacture products in this country in many cases costs more than elsewhere and is likely more than any tax incentives given to attract business, e.g. the PCB manufacturing company that moved down here to Georgia, largest employer in the county, out of business, electrolysis.
hero member
Activity: 840
Merit: 502
November 01, 2017, 09:40:42 PM
#4
The bitcoin mining market is too niche for a company like Intel to really care. Maybe a player like AMD would try something like this, but that's pretty unlikely too.

It isn't like Intel could just draw out the circuit diagram and print millions of chips - they'd need to design them, test them, get yields right. If they wanted to play in the space, it'd be cheaper to buy Bitmain or Bitfury, and then start from there.


Correct, why start from zero when Intel can buy a mining company and then improve in the existing technology, but as you have said producing mining equipment is a market that is too small, there is not point for a giant like Intel to create anything for this market, so unless bitcoin gets really popular then we should not expect the involvement of any company like that in the near future.
full member
Activity: 658
Merit: 118
November 01, 2017, 06:10:32 PM
#3
The bitcoin mining market is too niche for a company like Intel to really care. Maybe a player like AMD would try something like this, but that's pretty unlikely too.

It isn't like Intel could just draw out the circuit diagram and print millions of chips - they'd need to design them, test them, get yields right. If they wanted to play in the space, it'd be cheaper to buy Bitmain or Bitfury, and then start from there.

legendary
Activity: 1078
Merit: 1024
November 01, 2017, 05:55:21 PM
#2
It's not because Intel hasn't worked on ASICs that the ones we have now are not well developped.
If Intel wanted to start now, they would still have a lot of catching up to do.
That being said, once they catch up, the ressources they could put in would outmatch other players, giving a better product.
jr. member
Activity: 82
Merit: 1
November 01, 2017, 05:44:31 PM
#1
I wonder.  Now that bitcoin is getting begrudging acceptance by Wall Street will Intel produce a state of the art ASIC with Wall Street's blessing or is it verboten to rock China's boat?
Jump to: