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Core Scientific the first buyer of Block's 3nm Bitcoin mining ASICs - CoinJournal

Core Scientific the first buyer of Block's 3nm Bitcoin mining ASICs - CoinJournal
Jack Dorsey's financial services company Block has finalized a major deal with Core Scientific, marking the first sale of its 3 nm Bitcoin mining ASICs.

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Core Scientific has made a significant purchase of Block's 3nm Bitcoin ASICs, marking a major deal between the two companies. This purchase will boost Core Scientific's hash rate by 60%, leading to increased efficiency and profitability. The goal of the deal is to redefine Bitcoin mining standards by leveraging advanced ASICs. The 3nm mining ASICs developed by Block's Proto team represent a significant leap forward in efficiency and performance for large-scale Bitcoin mining operations. Core Scientific's decision to purchase these ASICs comes amidst a broader industry trend towards greater efficiency and sustainability in cryptocurrency mining. The collaboration between Block and Core Scientific aims to optimize space and operational resources within their data centers and contribute to the long-term vitality of the Bitcoin network. This strategic alliance highlights the growing importance of technological innovation in sustaining and expanding Bitcoin mining capabilities, with Core Scientific leading the charge as the first recipient of Block's 3nm ASICs.

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