Bitcoin mining giant Core Scientific and financial services firm Block have forged a pioneering partnership to integrate Block’s cutting-edge 3nm bitcoin mining chips. Under the agreement, Core Scientific will receive an initial delivery of 15 exahash per second (EH/s) in these advanced Application Specific Integrated Circuits (ASICs), developed internally by Block’s Proto team.
This collaboration includes the co-design of a modular platform alongside Epic Blockchain Technologies, aimed at streamlining infrastructure needs and optimizing operational efficiency within Core Scientific’s data centers. According to Block, this modular approach supports the reuse of non-ASIC components while maintaining compatibility with existing hardware stacks.
Block’s initiative aims to decentralize the bitcoin mining ASIC market, empowering third-party developers to innovate and integrate their chips into new designs. Thomas Templeton, head of Block’s Proto team, highlighted their goal to expand the bitcoin mining hardware ecosystem, fostering innovation across various projects and scales.
The partnership positions Core Scientific to potentially scale up its ASIC chip acquisition significantly, marking one of the largest agreements in terms of mining hash rate announced to date.