Block plans to launch new Bitcoin mining chips next week

According to reports, Amrita Ahuja, the Chief Financial Officer of Block, a crypto fintech company founded by Twitter co-founder Jack Dorsey, stated in an interview that the company will launch new Bitcoin mining chips next week, aimed at optimizing the decentralized Bitcoin mining ecosystem. It is reported that months ago, Block revealed the completion of the research and development of a 3-nanometer Bitcoin mining chip. In addition, Jack Dorsey also posted 'next week' on the X platform with an image of mining tools, suggesting that a new product will be launched on August 14.