Jack Dorsey’s Block Completes Bitcoin Mining Chip, Announces Complete System Development – CryptoSlate

Jack Dorsey’s Block Completes Bitcoin Mining Chip, Announces Complete System Development – CryptoSlate

Jack Dorsey’s Block company has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip.

The company is currently finalizing a full strip of the chip at a leading global semiconductor foundry, marking a substantial improvement over its previous five-nanometer prototype.

The new chip aims to improve the efficiency and decentralization of Bitcoin mining, aligning with the needs of the industry as it enters the fifth mining epoch after the recent fourth block subsidy halving.

Building on the success of the tested 5nm chip prototype – which met all design expectations and delivered vital data – Block optimized the 3nm chip to improve performance and support mining operators in a highly competitive market. competitive.

According to the company, this knowledge played a crucial role in the development of the 3nm chip, which improves the performance of mining hardware and allows miners to remain competitive in a challenging market.

Fully mining system

Beyond the standalone mining chip, Block is also pioneering the complete mining system. The system capitalizes on the company’s expertise in product and software development, systems engineering, robust supply chain management and comprehensive customer support. It aims to introduce innovations and improvements in the form factors and use cases of mining hardware.

The company plans to leverage this integrated approach to drive innovation in mining hardware configurations and functional applications, meeting a broader range of miner needs.

Block said it has engaged directly with the Bitcoin mining community to identify challenges and areas for improvement in several aspects of mining operations, including pre-sale discovery, purchasing processes, hardware reliability, maintenance, software features, transparency and after-sales support. .

The company invited continued feedback from the mining community to further refine and improve its products. Interested individuals can share their experiences and suggestions via the designated contact email address as Block continues to update and expand its mining hardware solutions.

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