Block to Launch New Bitcoin Mining Chip Next Week

By: theblockbeats.news|2025/08/09 14:41:29

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.

Vitalik's on-chain assets surpass $1 billion, including 240,000 ETH Analysis: Total US Debt Surpasses $37 Trillion for the First Time, Debt Crisis Growing More Severe

What is Flare (FLR)? A Comprehensive Guide

Key Takeaways Flare (FLR) is a layer-1 blockchain designed to bring smart contract functionality to networks that don’t…

crypto insight|2025/08/20 14:10:17

What is Artificial Superintelligence Alliance (FET)? A Comprehensive Guide

Key Takeaways Definition and Core Concept: Artificial Superintelligence Alliance (FET) is a cryptocurrency token powering a decentralized network…

crypto insight|2025/08/20 14:10:18

What is Bonk (BONK)? A Comprehensive Guide

Key Takeaways Bonk (BONK) is a community-driven meme coin built on the Solana blockchain, designed to empower users…

crypto insight|2025/08/20 14:10:18

What is Filecoin? A Comprehensive Guide

Key Takeaways Filecoin is a decentralized storage network that allows users to store and retrieve data securely using…

crypto insight|2025/08/20 14:10:19

What is Aptos (APT)? A Comprehensive Guide

Key Takeaways Aptos is a Layer 1 Proof-of-Stake blockchain designed for high scalability and mainstream Web3 adoption, using…