Block, founded by Jack Dorsey, known as a co-founder of Twitter, introduced an innovative bitcoin miner with a planned lifespan of up to 10 years. The new device, known as the Proto Rig, is a modular solution that does not require complex setup. The design is based on a 3-nm chip created to enhance mining efficiency even after the halving of the block reward in 2024, when payments are reduced to 3.125 $BTC
This miner is designed to address centralization issues in the industry and support the decentralization of the Bitcoin network. Block consulted with miners to adapt the equipment to the real needs of the market. The device's efficiency reaches 14.1 J/TH, making it one of the most economical on the market. The company plans to integrate its own expertise in software development and supply chains to create a competitive product.
Experts believe that such a move could strengthen Block's position in the crypto industry, especially amid growing interest in mining following support for this sector from politicians like Donald Trump. However, the risk of dependence on BTC demand and regulatory changes remains.
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