Intchains Group Hosts Ask Me Anything session with Aleo Co-Founder Howard Wu to Explore the Future of Crypto Mining
February 26 2025 - 11:19PM
Intchains Group Limited (Nasdaq: ICG), a leader in efficient
altcoin mining solutions, hosted an Ask Me Anything (AMA) session
on X with Aleo co-founder and CEO of Provable, Howard Wu, to
explore the future of crypto mining, hardware acceleration, and
zero-knowledge proof (ZKP) advancements. The discussion underscored
ICG’s role in shaping next-generation mining technologies and
expanding the Aleo ecosystem. Goldshell, a subsidiary of ICG is
excited to contribute to the Aleo ecosystem by providing mining
hardware that complements Aleo’s vision.
Goldshell’s AE BOX Series: The First ASIC Miner for
ALEO
ICG, through Goldshell, launched the AE BOX and AE BOX
PRO on 7 February 2025, as the first mining products
designed specifically for ALEO, marking a milestone for Aleo in
advancing decentralised, privacy-focused mining hardware. Wu
praised the AE BOX PRO for its fast setup, high proof security
capabilities, and zero-knowledge optimisation. Unlike GPUs, which
mine multiple cryptocurrencies, the AE BOX Series features
Aleo-optimised chips for superior efficiency. As the first company
to release such a product, Goldshell cements its leadership in
altcoin mining innovation.
Enhancing Mining Security: Aleo’s ARC-0043
Upgrade
Aleo is set to introduce the ARC-0043 proposal, a major
technological advancement that enhances mining security and
efficiency of Aleo’s mining and overall network operations. The
upgrade will implement a new puzzle algorithm, increasing
computational complexity and improving ZK-SNARK verification speed.
This will significantly reduce block verification time while
incentivising hardware advancements.
The implementation timeline for ARC-0043 is estimated at six
months, during which testing will be conducted on both testnet and
mainnet environments.
Enhancing Mining Profitability with
Innovations
A key takeaway from the discussion was the shift towards
specifically-designed products for Aleo. While older GPUs face
profitability challenges, newer models, such as the 4070S and 4080,
remain viable. With the introduction of specialised miners, it will
not only make Aleo mining more profitable, mining efficiency and
security are also set to improve significantly.
The Shift of Mining for Aleo
As Aleo’s ecosystem grows, partnerships and decentralised
applications (dApps) are becoming integral to its development. Wu
emphasised the importance of community contributions, inviting
developers to participate in upcoming initiatives, including the
workshops on Aleo programming.
For the full summary and recording of key takeaways from the
AMA, please visit Goldshell’s official website.
For more information about ICG, please visit
https://intchains.com/ and follow ICG on LinkedIn and X.
About Intchains Group
Intchains Group Limited (ICG) is a company that engages in the
provision of altcoin mining products, the strategic acquisition and
holding of Ethereum-based cryptocurrencies, and the active
development of innovative Web3 applications.
Contacts:
Intchains Group Limited
Investor relationsEmail: ir@intchains.com
Redhill Communications
Muhammad Rahmat Tel: +65 9277 4846 Email:
muhammad.rahmat@redhill.asia
Belinda ChanTel:
+852-9379-3045Email: belinda.chan@creativegp.com
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