Block will launch a new Bitcoin mining chip next week
According to ChainCatcher, Amrita Ahuja, the Chief Financial Officer of Block, a crypto fintech company founded by Twitter co-founder Jack Dorsey, stated that the company will launch a new Bitcoin mining chip next week, aimed at optimizing the decentralized Bitcoin mining ecosystem.
Months ago, Block revealed it had completed the development of a 3-nanometer Bitcoin mining chip. In addition, Jack Dorsey also posted "next week" along with an image of mining tools, hinting that a new product will be launched on August 14.