The company is now working with a top global semiconductor foundry to finalize the design.
The business aims to enable decentralized mining with this development
Block, Jack Dorsey’s digital payments company, has completed development of a three-nanometer Bitcoin mining chip. The company is now working with a top global semiconductor foundry to finalize the design of the chip.
Block mentioned:
“With our design showing competitive performance, we are proceeding with the full tapeout. Our mining chip will utilize the most advanced semiconductor process currently available and will deliver the performance required for mining operators of all types to survive and thrive in the fifth mining epoch (the period following the recent 4th halving of the block subsidy) and beyond.”
Standalone Mining Chips
The business is making progress toward its objective of enabling decentralized mining with this development, which will include the provision of standalone mining chips as well
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