The rise from 1 to 148 trillion does not block participation, it measures how much total computational power is competing at ...

On July 10, 2024, Block, Inc. and Core Scientific announced an agreement to deploy Block's new 3-nanometer or 3nm ASIC mining chips. This deal marks one of the largest ASIC procurement deals in terms ...

Block Inc. Chief Executive Jack Dorsey announced in a tweet Thursday that the payments company is moving ahead with plans to build an open-source bitcoin mining system. Bitcoin mining is the process ...

Block, Inc. (NYSE: XYZ) unveiled Proto Rig, a modular bitcoin mining system, and Proto Fleet, an open-source fleet management software. The announcement, made during an event held at Proto customer ...

The Bitcoin mining industry has faced a harsher operating environment since the 2024 halving, a core feature of Bitcoin’s ...

Jack Dorsey’s Block has posted a new blog that details the Mining Development Kit, a new project that would seemingly replicate the Lightning Development Kit and Bitcoin Development Kit projects, ...

In a recent job posting by Jack Dorsey’s Block, they are looking to hire a team dedicated to launching the “next generation” of bitcoin mining ASIC. An ASIC (application-specific integrated circuit) ...

While shareholders are likely to key in on near-term weakness in its core retail payments business when it announces Q1 earnings on Thursday, Block is investing further afield, seeking to encourage ...

With Block continuing to underperform the market, the company is now turning to Bitcoin as a way to pump up its value. Block's new Bitcoin mining strategy involves the manufacturing of Bitcoin mining ...

Block Inc., the payments company formerly known as Square, is building a Bitcoin mining system and hiring a team for the effort, an executive said Thursday. “We want to make mining more distributed ...