Intel CEO Pat Gelsinger during an interview Bloomberg Technology criticized bitcoin for its impact on the environment.
“One send on the bitcoin network requires the energy equivalent to power a house for a day. This is a climate crisis,” he said.
Also, Intel CEO also recalled the company’s plans release a new chip for miningwhich will “promote the development of technology in a responsible and sustainable manner”.
Based on the announcement, the devices will be released on “tiny chips”, so their release will have a minimal impact on current production processes. All details will be announced at the ISSCC international conference in February.
Gelsinger also promised to work on correcting the situation and added that the technology can transform currency, transactions and supply chains.