Jack Dorsey’s Block Announces Completed Bitcoin Mining Chip, Development of Full System
Jack Dorsey’s company Block has revealed a breakthrough in Bitcoin (BTC) mining technology by completing a 3-nanometer (3nm) mining chip.
The company is currently finishing a full tape of the chip at a leading global semiconductor foundry, which represents a significant upgrade from its previous 5-nanometer prototype.
The new chip aims to improve the efficiency and decentralization of Bitcoin mining, responding to industry needs as it transitions into its fifth mining era after the recent block subsidy halving for the fourth time.
Building on the success of the tested 5nm chip prototype, which met all design expectations and generated significant data, Block optimized the 3nm chip to improve performance and support mining operators in a highly competitive market.
According to the company, these insights have been instrumental in the development of 3nm chips that improve mining hardware performance and allow miners to remain competitive in a challenging market.
complete mining system
Block is pioneering complete mining systems beyond standalone mining chips. The system leverages the company’s expertise in product and software development, systems engineering, robust supply chain management and comprehensive customer support. We aim to introduce innovations and improvements in mining hardware form factors and use cases.
The company plans to leverage this integrated approach to drive innovation in mining hardware configurations and functional applications to meet a broader range of mining requirements.
Block engages with the Bitcoin mining community to pinpoint challenges and areas needing improvement across multiple aspects of mining operations, including pre-sale discovery, purchase process, hardware reliability, maintenance, software functionality, transparency, and after-sale support. He said he has been working directly with them. .
The company invited the mining community to continue to provide feedback to further improve and improve the product. As Block continues to update and expand its mining hardware solutions, interested parties can share their experiences and suggestions through the designated contact email.
