Block by Jack Dorsey announced 47% increase in profits in the last quarter of 2021 which reached $1.18 billion as we can see further in today’s bitcoin news. Block by Jack Dorsey formerly known as Square, disclosed its gross profits for the last quarter of 2021 and stood at $1.18 billion which is an increase […]

On Sunday (February 20), Intel unveiled its second generation Bitcoin mining ASIC, which is called Bonanza mine (BMZ2). On February 16, Intel Corporation CEO Patrick Gelsinger explained how his company’s upcoming crypto mining chip could help to solve Bitcoin’s “climate issue”. According to his LinkedIn profile, Gelsinger started his career in October 1979 by becoming senior vice president and […]

Argo and block are among the first buyers of Intel’s new blockchain accelerators, only days after Nvidia decided to launch a new blockchain accelerator so let’s read further today in our latest blockchain news. Intel decided to enter the blockchain race after competitor Nvidia released a graphic card for ETH miners in February 2021. Intel […]

Intel's move comes after competitor Nvidia released a graphics card for Ethereum miners in February 2021.

Intel enters the crypto space by launching a blockchain accelerator program and it seems now that its efforts are mainly focused on improving GPUs and mining so let’s read furhter in today’s latest blockchain news. Raja Koduri who is the senior vice president of accelerated computing systems and graphics group at Intel noted that their […]

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based […]

Intel will be moving into the blockchain sector, as announced by the company’s senior vice president, Raja M. Koduri. In a statement shared on Friday, [...]

Jack Dorsey made headlines by leaving Twitter to focus full-time on Square (now Block) and Bitcoin. But how will the company advance the protocol?

Block, formerly known as Square, owned Cash App will now allow US users to send bitcoin for free globally following its integration with the Lightning Network. (Read More)

In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That […]

Block, the payments-focused company formerly known as Square, is officially throwing its hat into the bitcoin mining game.

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