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Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig

Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining RigOn Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Chip Giant Intel Abandons Bitcoin ASIC Production

Chip Giant Intel Abandons Bitcoin ASIC ProductionAfter announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin