LATEST: Core Scientific Partners with Block for 15 EH/s Hashrate Boost

Block, Inc. and Core Scientifichave announced a agreement to enhance bitcoin mining. Block’s Proto team will supply Core Scientific with revolutionary 3 nanometer mining ASICs capable of approximately 15 EH/s of hashrate. This partnership, one of the largest in the industry based on hashrate, also allows for potential expansion, marking a significant advancement in mining technology and efficiency.

The collaboration aims to democratize bitcoin mining by developing a modular mining platform that optimizes space and resources in data centers like those of Core Scientific. This initiative not only promises improved efficiency and reliability but also emphasizes sustainability by integrating with existing infrastructure. “This agreement exemplifies our vision of advancing the mining industry,” said Thomas Templeton, Proto team lead at Block.

Russell Cann of Core Scientific highlighted the joint effort to pioneer a next-generation mining solution that supports significant hashrate growth and provides diverse options for all mining companies. This partnership is poised to redefine large-scale bitcoin mining operations, contributing to the longevity and vitality of the Bitcoin Network.

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