Block plans to launch a new Bitcoin mining chip next week
According to Jinse Finance, Amrita Ahuja, CFO of Block—the crypto fintech company founded by Twitter co-founder Jack Dorsey—revealed 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. It is reported that several months ago, Block disclosed the completion 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
Borr Drilling Divests Mexican Oil Drilling Joint Ventures
Altares says French firms cut average payment delays to 12.3 days in H1 2026
Moody's to Acquire Minority Stake in Philippine Rating Services
Karya Pacific Energy to redeem IDR 149.83 billion debt on Oct. 6, 2026
