Block seeks to decentralize Bitcoin mining (Article)

The payments company Block, founded by Jack Dorsey, has taken its Bitcoin mining project a step further. In addition to developing a 3nm chip, the company plans to offer a complete mining system of its own, with the aim of decentralizing hardware supply and hashrate distribution.

🖋️Block completes development of its 3nm Bitcoin mining chip.

🖋️Collaborate with a leading foundation to complete the design.

🖋️The company plans to offer both the standalone chip and a complete Bitcoin mining system.

🖋️Block seeks to overcome obstacles such as the limited availability and high cost of mining equipment.

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