Jack Dorsey, Twitter’s co-founder, endorsed a Swedish VPN service after Brazil banned the platform, now known as X. This action aligns with his advocacy for user privacy and decentralization. The ban on X follows a conflict with the Brazilian Supreme Court and Elon Musk’s efforts to ensure continued internet access in Brazil via Starlink.
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Block Inc., formerly known as Square, has successfully completed the development of its highly anticipated Bitcoin mining chip. This significant milestone marks a major step in the company’s mission to enhance the accessibility and decentralization of the Bitcoin ecosystem. The three-nanometer chip, a technological marvel, will power specialized computers dedicated to Bitcoin mining and sets a new standard for the industry. Block Inc.’s dedication to innovation is further exemplified by its ongoing development of a comprehensive Bitcoin mining system.
Block (formerly Square), led by Jack Dorsey, is expanding its bitcoin mining ambitions beyond custom chips to include the development of a complete bitcoin mining system. This move aims to democratize access to bitcoin mining, decentralize the hardware supply, and distribute hashrate more evenly. Block is working with a global semiconductor foundry to design its standalone three-nanometer bitcoin mining chip and plans to offer both the chip and a full mining system of its own design.