Bloomberg: Jack Dorsey's Block has completed the development of Bitcoin mining chips

According to Bloomberg, digital payment company Block (formerly known as Square) founded by Twitter co-founder Jack Dorsey, announced that it has completed the development of bitcoin mining chips. The 3-nanometer chip is expected to become one of the most advanced bitcoin mining chips in the industry.Block stated that this is an important milestone for its bitcoin mining project. It is currently working with leading semiconductor foundries worldwide to complete the final chip design.