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Jack Dorsey Declares Block’s Bitcoin Mining Chips Outperform China’s Tech

Jack Dorsey Declares Block’s Bitcoin Mining Chips Outperform China’s Tech

Published:
2025-08-14 10:08:03
15
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Block just fired a shot across China's bow—and it's all about hashrate dominance.

Jack Dorsey's fintech firm claims its custom Bitcoin mining chips now outperform anything coming out of the Middle Kingdom. No specs? No problem. When the Twitter/Square founder talks mining, the market listens—even if Wall Street still thinks ASICs are just 'magic internet money printers.'

The subtext? A direct challenge to China's historical grip on mining hardware. Because nothing says 'decentralization' like an ex-CEO of a centralized platform building better shovels for the crypto gold rush.

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