Block, Inc. and Core Scientific partner to deploy Block's 3-nanometer ASIC chips with 15 EH/s hashrate, aiming to decentralize and innovate bitcoin mining.

Block, Inc. and Core Scientific announced a deal to deploy Block's new 3-nanometer ASIC mining chips, with a hashrate of 15 EH/s. The partnership aims to decentralize and innovate the bitcoin mining ecosystem, aligning with Block's mission to democratize bitcoin mining. The agreement marks one of the largest ASIC procurement deals in terms of hashrate.