At first glance, diversification into Bitcoin mining would not seem to offer any synergies with Block's existing product offerings. But dig a bit deeper, and the strategy actually starts to make more ...
Seven major Bitcoin mining players have joined the Stratum V2 Working Group. Stratum V2 updates the way miners communicate ...
While shareholders are likely to key in on near-term weakness in its core retail payments business when it announces Q1 earnings on Thursday, Block is investing further afield, seeking to encourage ...
On July 10, 2024, Block, Inc. and Core Scientific announced an agreement to deploy Block's new 3-nanometer or 3nm ASIC mining chips. This deal marks one of the largest ASIC procurement deals in terms ...
Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block's advanced 3 ...
CASTLE ROCK, Colo., July 23, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that ...