Jack Dorsey’s Block Shifts Focus to Bitcoin Mining and Wallet Technology

Quick Summary:

Jack Dorsey’s Block Shifts Focus to Bitcoin Mining and Wallet Technology Jack Dorsey’s payment company, Block, Inc., is doubling down on its commitment to Bitcoin mining and self-custody wallet technology.

In April, Block announced the completion of its 3-nanometer Bitcoin mining chip development, a significant achievement in the mining hardware space.

Through its mining operations and Bitkey wallet, Block is working to create a comprehensive ecosystem that supports this vision, enabling individuals to interact with Bitcoin on their own terms.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Block Bitcoin mining focus

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 11:23:41 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1233 words

Reading Time: 7 minutes read

Sentences: 55 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23469559

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

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Publisher ID: #121

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