Block to Launch New Bitcoin Mining Chip Next Week

BlockBeats News, August 9th, it was reported that during an interview, the Chief Financial Officer of Block Inc (XYZ), a payment platform owned by Twitter co-founder Jack Dorsey, stated that the company will launch a new Bitcoin mining chip next week. This chip aims to optimize the decentralized Bitcoin mining ecosystem. Months ago, Block revealed that it had completed the development of a 3-nanometer Bitcoin mining chip.

In addition, Jack Dorsey posted on the X platform with the caption "Next Week" and an image of mining tools, implying that a new product will be launched on August 14th.