Block aims for 3nm chip in new Bitcoin ASIC miner

Block, co-founded by Jack Dorsey, has finalised the development of a cutting-edge 3nm Bitcoin (CRYPTO:BTC) mining chip.

The chip promises enhanced performance crucial for mining operators, particularly in the post-fourth halving cycle.

Following this milestone, Block shifts focus towards building a full Bitcoin mining system.

The company aims to position itself as a prominent hardware vendor in the mining industry by offering standalone mining chips.

These developments align with Jack Dorsey's vision for decentralised mining hardware and complement Block's broader efforts in Bitcoin-related products like the Bitkey wallet.