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 ...

Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. In a post Tuesday, the ...

The U.S. bitcoin mining industry just got its most disruptive upgrade yet. On August 14, 2025, Block unveiled Proto Rig, a modular, repairable, and upgradable bitcoin mining system, alongside Proto ...

Learn how Bitcoin mining works, including how transactions are validated, block rewards, energy use, and why miners play a key role in securing the network.

Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the ...