Jack Dorsey Announces Block Is Developing A Full Bitcoin Mining System
Block says it aims to unlock innovation and support the development of new mining system form factors and use cases.
Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the development of their three-nanometer (nm) bitcoin mining chip and is now in the final stages of producing the design with a leading global semiconductor foundry. This achievement marks a crucial milestone in Block's mission to decentralize the supply of bitcoin mining hardware and distribute hashrate effectively, according to the announcement.
JUST IN: Jack Dorsey and Block are "developing a full #bitcoin mining system."
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