Block Announces 3nm Bitcoin Mining Chip & Development of Full Bitcoin Mining System
Block unveiled plans to offer both a standalone 3nm Bitcoin mining chip, and a comprehensive mining system developed by the company, with contributions from the mining community.
- "We are pleased to announce that we have finished development of our three-nanometer (nm) bitcoin mining chip and are in the process of completing a full tapeout of the design with a leading global semiconductor foundry. Additionally, with our chip design complete, we are excited to share that we are developing a full bitcoin mining system," the company wrote in a blog post.
"With a standalone mining chip, we will represent the only large, well-capitalized mining hardware vendor with such a solution. We hope this will help unlock mining system innovation and support the much-needed development of new mining system form factors and use cases."
- "With our bitcoin mining system, we will build on our product and software development expertise, system engineering competency, supply chain experience, and aftermarket support capability, with tens of millions of devices shipped."
- "We intend to use this experience to bring a compelling, differentiated mining solution to market. For context, you can see the initial directions we shared on the mining software front. "
Additionally, the company asked for community's input in the following areas:
- "Please feel free to reach out to us at mining@block.xyz to share your thoughts. Stay tuned for more updates on our mining hardware program in the coming weeks and months!"
