Block to Supply Core Scientific with ~15 EH/s Worth of Its 3nm ASICs

• "Today we are announcing an agreement to supply Core Scientific with our new 3-nanometer (3nm) mining ASICs representing approximately 15 EH/s (exahashes per second) of hashrate. The agreement provides the option for additional, significant volume and is one of the industry’s largest bitcoin mining ASIC agreements announced, in terms of hashrate," announced Block.

"Core Scientific will become our first customer to leverage our ASIC in a unique mining solution. The choice of Core Scientific is intentional, as they are among the most prominent leaders in the bitcoin mining industry, managing one of the largest mining operations in North America," added the company.

Today, Core Scientific and @blocks announced an ongoing project involving Block’s latest bitcoin mining chip.

-Core Scientific and Block will work together on a new miner to democratize Bitcoin mining
-Block to supply Core Scientific with ~15 EH/s of new 3 nanometer ASIC mining… pic.twitter.com/nWDnaSG4Tm

— Core Scientific (@Core_Scientific) July 10, 2024

• "Our strategic agreement with Core Scientific is about more than just supply and demand—it's about exchanging expertise and collaboration. While supplying approximately 15 EH/s of our mining ASICs, with an option for significant volume increases, the Proto team at Block also co-designed a modular platform alongside ePIC Blockchain Technologies with input from Core Scientific," said the company.

"We are already actively developing the new system, which will be operational from the outset, using an older generation ASIC to verify the system design. The modular design flexibility will allow for straightforward upgrades to our 3nm ASIC via its swappable hashboard. This ensures the system will easily adapt to newer generations of ASICs as they become available," was stated in a blog post.

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