Block Introduces First American Bitcoin Mining ASIC: A Major Step for Decentralization

Block has taken a significant step towards decentralizing mining with the launch of its first American-made Bitcoin mining ASIC. This innovation, spearheaded by Jack Dorsey and his team at Block, marks a shift in the global mining landscape, challenging the dominance of Asian manufacturers. 15 EH/s of hashrate is being integrated into Core Scientific’s infrastructure, signaling an important milestone for decentralizing Bitcoin’s network security. This new technology could reshape the future of Bitcoin mining and its market dynamics.