From the Manufacturer
Bosch Type II ship augers have an exclusive Power Band feature that increases bit strength and durability allowing for heavy duty cutting through nails and staples.
Hollow center flute provides wide-open channel for fast chip removal
Low-friction flute with black oxide coating reduces chip clogging
Self-feeding screw point for soft and hard woods
Universal power groove hex shank for power drill or impact driver
Full length heat treatment for heavy duty applications
"it is a 5/8 shank and will not fit a standard 1/2 chuck power drill." per another customer