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Block plans to release new bitcoin mining chips next week

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2025-08-09 02:14:57
Amrita Ahuja, chief financial officer of Block, a crypto fintech company founded by Twitter co-founder Jack Dorsey, said in an interview with CNBC that the company will launch a new bitcoin mining chip next week, aiming to optimize the decentralized bitcoin mining ecosystem. It is reported that Block disclosed a few months ago that it has completed the development of a 3nm bitcoin mining chip. In addition, Jack Dorsey also posted "Next Week" on the X platform with pictures of mining tools, hinting that the new product will be launched on August 14.
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