Bitcoin Miner Core Scientific Buys ASICs From Jack Dorsey's Block

Jul 11, 2024

Block has announced that Core Scientific, a publicly traded Bitcoin mining firm, will be the first buyer of its 3nm mining ASICs. The agreement will provide Core with 15 exahashes per second (EH/s) worth of chips, representing a 60% increase to the firm's hash rate. Block claims that its new mining platform will improve efficiency and reliability in large-scale mining operations.

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