Semiconductor company Xilinx is using FPGAs to mine cryptocurrencies

According to Crypto Briefing, leaked information from Xilinx, a semiconductor company with a market value of more than $24 billion, shows that they are using FPGA (field programmable gate array) to mine cryptocurrencies. This field was previously dominated by Nvidia and AMD GPUs. FPGA is a chip that miners can configure to mine different algorithms efficiently and thus mine different coins. Kristy-Leigh Minehan, former chief technology officer of Core Scientific, said that currently, FPGAs are mainly concentrated on low-liquidity coins, and these FPGAs pose a threat to smaller altcoins and less used mining algorithms.