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Tech Mogul Jack Dorsey’s Bitcoin Company Block Buys Up Hardware From Intel for New Mining Operations

By Daily Hodl Staff at 2026-06-21 09:25

Sentiment: Negative

Jack Dorsey’s fintech company Block is buying Bitcoin (BTC) mining chips from Intel in order to boost their equipment production plans. According to a new blog post, Block’s purchase of Intel’s ASIC (application-specific integrated circuit) chips will accelerate their plans to enter the Bitcoin mining market. Block says they were designing their own ASICs when […] The post Tech Mogul Jack Dorsey’s Bitcoin Company Block Buys Up Hardware From Intel for New Mining Operations appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #Mining #block #BTC #jack dorsey #mining #News

Source The Daily Hodl