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  • The agreement will supply Core Scientific with Block’s new 3nm mining ASICs, built by Block’s Proto team, representing approximately 15 EH/s of hashrate.
  • Since April’s bitcoin halving, bitcoin miners have been seeking ways to expand revenues.
Block, Inc. (SQ) and Core Scientific (CORZ) announced an agreement to supply Core Scientific with Block’s new 3-nanometer mining ASICs, built by Block's Proto team, representing approximately 15 EH/s (exahashes per second) of hashrate.
The agreement provides the option for additional volume and is one of the industry’s largest bitcoin mining ASIC agreements announced in terms of hashrate, according to the joint press release.
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