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>Bitcoin transaction processing (AKA "mining") Unfortunately, mining isn't scaled with processing transactions. Bitcoin has a hard cap of 7 transactions per s
by belltaco 5y ago
>Bitcoin transaction processing (AKA "mining")
Unfortunately, mining isn't scaled with processing transactions.
Bitcoin has a hard cap of 7 transactions per second, regardless of whether 5 miners are running or 5 million.
The amount of resources that are put into mining scale with the price of BTC, not transactions.
Also Nvidia has made mining-only silicon for several years now. So Intel isn't the first major company doing it.