SQ - Block and Core Scientific Enter Supply Agreement for Mining ASICs | Benzinga
Block, Inc. (NYSE:SQ) shares are trending on Wednesday. The company entered into a agreement to supply Core Scientific (NADAQ:CORZ) with its new 3 nanometer mining ASICs, capable of about 15 EH/s.
The Details: The agreement allows for a significant increase in volume and ranks as one of the largest bitcoin mining ASIC contracts in the industry, based on hash rate.
Block is ...