🚀 Block Revolutionizes Mining of $BTC with 3nm Chip in Strategic Partnership with Core Scientific!
Block Inc., Jack Dorsey's company, has completed the development of its 3-nanometer mining chip for $BTC , marking a significant advancement in the industry. In collaboration with Core Scientific, one of the leading miners in the U.S., Block will provide these advanced chips, adding approximately 15 exahashes per second to the mining capacity of its partner. This move comes at a critical time, with rising mining fees and the recent halving of block rewards, which have increased operational costs by up to 168%. Block's initiative aims to decentralize and democratize mining of $BTC
, offering more efficient and sustainable solutions in an increasingly competitive market.
