Block Plans to Launch New Bitcoin Mining Chip Next Week
According to ChainCatcher, Amrita Ahuja, CFO of Block—the crypto fintech company founded by Twitter co-founder Jack Dorsey—stated in an interview with CNBC that the company will launch a new Bitcoin mining chip next week, aiming to optimize the decentralized Bitcoin mining ecosystem.
A few months ago, Block revealed that it had completed the development of a 3-nanometer Bitcoin mining chip. In addition, Jack Dorsey also posted on the X platform, writing "Next Week" and sharing an image of mining equipment, hinting at the upcoming launch of a new product on August 14.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
3 Surprising Factors Behind Bitcoin’s Brutal $8K Weekly Drop

Forward Industries grows SOL treasury to 8.7 million as token hits nearly three-month low

EUR/USD: Support holds but upside limited – ING

