Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

03/07/2025

SBI Ven Capital Invests €1m in Colossus Digital’s Bridge Round

03/07/2025

Inside Pi Network’s $100m fund for real-world utility

03/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

    03/07/2025

    Crypto community fuels Ulbricht’s fresh start with millions in donations

    03/07/2025

    ‘Bitcoin Community Is Not Our Enemy’

    03/07/2025

    Can BTC Reclaim $105K Amid Trend Weakness?

    03/07/2025

    SharpLink Gaming Makes Bold $4.82M Ethereum Investment, Reinforcing Massive Digital Asset Strategy

    02/07/2025

    Unveiling the Crucial Impact of a $39.8M Coinbase Prime Transfer

    02/07/2025

    Will Ethereum Coin Hold the $2,400 Support?

    02/07/2025

    Ethereum Transaction Activity Surges as Analysts Predict Breakout Toward $10K

    02/07/2025

    Inside Pi Network’s $100m fund for real-world utility

    03/07/2025

    VeChain Secures New US Patent for Blockchain Identity Verification via NanoJClean

    03/07/2025

    Solana’s Seeker Phone Coming in Early August Along With SKR Token

    03/07/2025

    What Will XRP Be Like If Ripple Acquires Circle? CryptoQuant CEO, ChatGPT and Grok Answer!

    03/07/2025

    Art Blocks’ PostParams Enable a New Medium for Generative Art

    03/07/2025

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    02/07/2025

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    01/07/2025

    Donald Trump Made His New Move Concerning Memecoin TRUMP!

    01/07/2025

    Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

    03/07/2025

    SBI Ven Capital Invests €1m in Colossus Digital’s Bridge Round

    03/07/2025

    Inside Pi Network’s $100m fund for real-world utility

    03/07/2025

    Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2

    03/07/2025
  • Blockchain

    Worldcoin Launches Human-Focused Blockspace on World Chain Mainnet

    02/07/2025

    Crossmint and Visa Team Up to Secure On-Chain AI Agent Payments

    02/07/2025

    SINT Partners with Spheron Network to Power AI Agent Operations with Decentralized GPU Power

    02/07/2025

    Hotcoin and Web3 Decision Forge AI-Powered Partnership for Safer Web3

    02/07/2025

    Orbler and IIICC Unite to Power a Green and Decentralized Future of AI

    02/07/2025
  • DeFi

    Crypto startups pull $1.15B across 140 deals in June 2025, up 9% from May count

    03/07/2025

    Mind AI Collaborates with AIxBlock to Power Decentralized AI Development, Workflow Automation

    03/07/2025

    Wormhole and Stacks Integrate to Enable Seamless Cross-Chain Bitcoin for DeFi Innovation

    03/07/2025

    Stabble Taps Kima Network to Streamline Cross-Chain and Fiat Deposits on Solana

    03/07/2025

    Coinbase Acquires Token Management Platform LiquiFi as Exchange Aims to Expand Its Services

    03/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    SBI Ven Capital Invests €1m in Colossus Digital’s Bridge Round

    03/07/2025

    What’s in ARKK? A Look at Cathie Wood’s Top Innovation ETF Picks

    03/07/2025

    Joe Lubin’s Sharplink crashes 91% in two weeks amid ETH treasury panic

    03/07/2025

    Ripple May Someday Buy Up Some Legacy Companies and Put Them Out of Their Misery: Greg Kidd

    03/07/2025

    Positive U.S. Regulatory Environment More Conducive for Crypto Corporate Activity: JPMorgan

    03/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Top Optimism DEX Velodrome Launches On-Chain Swap Infra for Superchain

    03/07/2025

    new era for derivative trading on onchain wallet

    03/07/2025

    FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

    03/07/2025

    Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange

    03/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2

    03/07/2025

    Floki’s Valhalla to Take Over Delhi NCR with Real World Campaign

    03/07/2025

    Moku Chief Business Officer shares why crypto gaming is broken — and how to fix it

    03/07/2025

    Wimbledon Stars Lead ‘Flappy Racquet’ Telegram Game Ahead of SCOR Token Launch

    02/07/2025

    CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest

    03/07/2025

    What Are Bitcoin Miners Waiting For?

    02/07/2025

    MARA Bitcoin Production Slides 25% as Mining Environment Toughens

    02/07/2025

    Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan

    01/07/2025

    Why the XRP Legal Battle Still Isn’t Officially Over

    03/07/2025

    Senate Passed Trump’s “Big, Beautiful Bill” With 51-49 Vote

    03/07/2025

    Ripple’s post-2018 XRP sales to institutional buyers don’t violate SEC conditions

    02/07/2025

    New Developments Regarding the Fate of Terra (LUNA) Founder Do Kwon – There May Be a Glimmer of Hope, Here Are the Critical Dates

    02/07/2025

    Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

    03/07/2025

    SBI Ven Capital Invests €1m in Colossus Digital’s Bridge Round

    03/07/2025

    Inside Pi Network’s $100m fund for real-world utility

    03/07/2025

    Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2

    03/07/2025
  • MarketCap
NBTC News
Home»Mining»Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining system
Mining

Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining system

NBTCBy NBTC24/04/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Block, the digital payments company co-founded by Jack Dorsey, has completed the development of its advanced three-nanometer (3nm) Bitcoin mining chip. Following the latest development, Block now focuses on building a full Bitcoin mining system, the company shared in a blog announcement on Tuesday.

we’re building a mining rig https://t.co/IKOQHNSHgO

— jack (@jack) April 23, 2024

The announcement follows the prior development and testing of a five-nanometer (5nm) mining chip prototype. The new 3nm chip is designed to deliver high performance, necessary for mining operators to remain competitive in the current and future mining epochs, particularly after the recent fourth halving.

For the next stage, Block plans to offer a standalone mining chip, positioning itself as a unique, well-capitalized hardware vendor in the mining industry. The company is in the final stages of a full tapeout of the chip design, collaborating with a leading global semiconductor foundry to finalize the product

Building on the development of its Bitcoin mining chip, Block is also working on a full mining system. The company aims to leverage its expertise in product and software development, system engineering, supply chain management, and aftermarket support, to build the system.

These developments are part of the company’s broader goal to decentralize the supply of mining hardware and the distribution of mining power across the industry.

Jack Dorsey revealed plans to build a Bitcoin mining system in 2021, even before his departure from Twitter’s board of directors in May 2022. At the time, he expected the system to be based on custom silicon and open-source so it could be used worldwide by individuals and businesses.

Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions.

— jack (@jack) October 15, 2021

Beyond Bitcoin mining, Block also created a self-custody Bitcoin wallet, called Bitkey. Last month, the company began distributing Bitkey to customers worldwide.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest

03/07/2025

What Are Bitcoin Miners Waiting For?

02/07/2025

MARA Bitcoin Production Slides 25% as Mining Environment Toughens

02/07/2025

Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan

01/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Bitcoin Must Reclaim $106,000 Resistance To Avoid Further Crash – Analyst

03/07/2025

SBI Ven Capital Invests €1m in Colossus Digital’s Bridge Round

03/07/2025

Inside Pi Network’s $100m fund for real-world utility

03/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.