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Jack Dorsey's company, Block, co-founded by him, has completed the development of a 3-nanometer Bitcoin mining chip, upgrading from a 5nm prototype, and is also developing a comprehensive Bitcoin mining system. This advancement aims to provide robust competition in the mining industry, particularly against leading companies like Bitmain. The development includes collaboration with a leading global semiconductor foundry to finalize the design. Block's initiative marks a significant step in the tech industry's ongoing efforts to innovate within the cryptocurrency mining sector.
JUST IN: Jack Dorsey's Block now allows millions of sellers using Square to automatically convert up to 10% of daily sales into #Bitcoin using Cash App 🚀 https://t.co/14EEZkiyof
Fintech firm @Blocks is rolling out a service to automatically convert a portion of merchant sales into #bitcoin. “Many sellers have told us they want an easy way to access bitcoin and diversify their holdings," @CashApp's @MichaelRihani told @danielgkuhn https://t.co/Lg4k7TOjGB
According to a report by @HeleneBraunn, @jack's payments company @blocks, previously known as the former Twitter CEO, is constructing a complete bitcoin mining setup as part of its initiative to decentralize the industry. Source: @coindesk https://t.co/CkTzuoFuqS
