Block to Launch New Bitcoin Mining Chip Next Week

By: theblockbeats.news|2025/08/09 14:41:29

BlockBeats News, August 9th, it was reported that during an interview, the Chief Financial Officer of Block Inc (XYZ), a payment platform owned by Twitter co-founder Jack Dorsey, stated that the company will launch a new Bitcoin mining chip next week. This chip aims to optimize the decentralized Bitcoin mining ecosystem. Months ago, Block revealed that it had completed the development of a 3-nanometer Bitcoin mining chip.

In addition, Jack Dorsey posted on the X platform with the caption "Next Week" and an image of mining tools, implying that a new product will be launched on August 14th.

Vitalik's on-chain assets surpass $1 billion, including 240,000 ETH Analysis: Total US Debt Surpasses $37 Trillion for the First Time, Debt Crisis Growing More Severe

XRP Ledger Powers Nasdaq-Listed Pharma Distributor’s Payment Revolution for Thousands of Pharmacies

Imagine a world where pharmacies can settle payments for drug inventories in seconds, ditching the sluggish banking systems…

crypto insight|2025/08/20 07:00:16

Why Ether’s Price Dip Below $4,200 Might Ignite Explosive Market Volatility in 2025

Crypto Enthusiasts, Watch Out: Ether Could Spark Chaos Under $4,200 Picture this: you’re riding high on your ether…

crypto insight|2025/08/20 07:00:16

Market Volatility Dips Sharply as Traders Gear Up for Powell’s Jackson Hole Address

As financial markets hold their breath ahead of Federal Reserve Chairman Jerome Powell’s key speech at the Jackson…

crypto insight|2025/08/20 07:00:17

Adam Back’s Massive $2.1 Billion Bitcoin Treasury Move Poised to Rival MARA in Holdings

Imagine a company stepping onto the world stage, not just holding bitcoin but actively shaping its future in…

crypto insight|2025/08/20 07:00:17

TeraWulf Rockets to 2.5-Year High with Google’s 14% Stake Boost, Leaving CleanSpark in the Dust as of August 20, 2025

In the intensifying battle among Bitcoin miners and AI infrastructure giants, TeraWulf (NYSE: WULF), a U.S.-based powerhouse, is…

crypto insight|2025/08/20 07:00:18