Blockchain to release new Bitcoin mining chip next week

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PANews reported on August 9th that Amrita Ahuja, Chief Financial Officer of Block, a crypto financial technology company founded by Twitter co-founder Jack Dorsey, stated in an interview with CNBC that the company will launch a new Bitcoin mining chip next week, aiming to optimize the decentralized Bitcoin mining ecosystem. It is understood that Block disclosed months ago that it had completed the development of a 3-nanometer Bitcoin mining chip. Additionally, Jack Dorsey posted on X platform with the text "Next Week" and an image of mining tools, hinting at the upcoming product launch on August 14th.

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