On August 9, Twitter co-founder Jack Dorsey's payment platform Block Inc (XYZ) Chief Financial Officer stated in an interview that the company will launch a new Bitcoin mining chip next week, which will optimize the decentralized Bitcoin mining ecosystem. A few months ago, Block disclosed that it had completed the development of a 3-nanometer Bitcoin mining chip.
Additionally, Jack Dorsey posted on the X platform "Next Week" with an image of mining tools, hinting at the upcoming product launch on August 14.
