Summary
TLDR: Block has made significant advancements in its bitcoin mining project, completing the development of a three-nanometer chip and working on a full mining system. The company aims to support mining decentralization and welcomes feedback from the mining community to enhance their designs and functionality. Contact [email protected] with thoughts and feedback.
Key Points
1. Block, a global technology company, has achieved a significant milestone in its bitcoin mining project by successfully developing a three-nanometer (nm) bitcoin mining chip.
2. The company is now in the final stages of producing the design with a leading global semiconductor foundry, aiming to decentralize the supply of bitcoin mining hardware and distribute hashrate effectively.
3. In addition to the chip development, Block has announced the development of a full “bitcoin mining system” to address challenges faced by mining operators and support mining decentralization, inviting input from the mining community for further enhancements.