World’s Largest Chip Manufacturer To Launch Another Mining Chip

Intel, the world’s largest multinational technology company, announced it is launching another mining chip for cryptocurrency shortly after launching its first mining chip. The announcement was shared on Intel’s official website and Twitter news page.

Highest memory bandwidth.
Greater performance.
Power efficiency.
For the network, cloud and edge.

Introducing the Intel Agilex M-Series FPGAs.https://t.co/qY9mOIsyTh

— Intel News (@intelnews) March 7, 2022

The announcement on their official website explained that Agilex M-Series FPGAS will be the first of its series. In a blog post, Intel Director of Product Marketing Sabrina Gomez commented:

All Intel Agilex FPGAs, including members of the M-Series, include fast, on-chip SRAM in the form of MLAB and M20K blocks. These SRAMs are integrated into the FPGA’s programmable-logic fabric and are therefore located immediately adjacent to the logic that will exchange data with these memories. Some Intel Agilex M-Series FPGAs also incorporate in-package HBM in the form of HBM2e memory stacks, managed by hardened memory controllers.

As Gomez explained, the M in the name refers to “memory”. She also claims that these chips enable customers to achieve higher performance with better power efficiency across all end markets and applications.

Furthermore, the announcement came after less than a month of the first announcement of the Bonanza Mine chips. Back then, the company talked about its wishes to be part of the crypto and non-fungible token (NFT) mining operations with its chipsets.

They also mentioned that these chips function 1,000 times faster than most conventional Graphics Processing Units (GPUs), making these chips a revolutionary addition to the crypto mining business and the blockchain industry.