• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, April 1, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Jack Dorsey’s Block Announces Mining Development Kit For Novel Bitcoin Mining Use Cases

March 7, 2023
in Bitcoin
Reading Time: 2 mins read
A A
ShareShareShareShareShare

The development kit is envisioned as having multiple components that would enable increase the accessibility and openness of bitcoin mining hardware.

Related articles

DigiToads outperforming competition, NEAR Protocol and VeChain showing signs of decline

April 1, 2023

Bitcoin Country El Salvador’s New Bill Offers Tax Breaks For Tech Innovation

April 1, 2023

Jack Dorsey’s Block has posted a new blog that details the Mining Development Kit, a new project that would seemingly replicate the Lightning Development Kit and Bitcoin Development Kit projects, providing developers access to bitcoin mining projects focused on integrating bitcoin mining into various novel use cases.

The blog also describes how the company has started developing their own bitcoin mining semiconductor chips, saying that “These purpose-built application specific integrated circuits (ASICs) are the leading way bitcoin is mined today and will serve as the foundation for a full suite of bitcoin mining products intended to increase the pace of innovation in bitcoin mining.”

Block then says it is considering building the MDK, and they are seeking further feedback from the community. The MDK as Block “currently envisions it” would have four components:

  1. A “powerful, reliable, industrial-grade” bitcoin mining hashboard.
  2. A custom controller board designed to work with the hashboard.
  3. Open-source firmware, a software API and a web front-end, that would allow developers to modify the key performance parameters of the hashboard.
  4. And extensive reference materials and support documentation “to facilitate easy customization of the hashboard.”

“The intention behind the MDK is to provide developers with a suite of tools to help unlock creativity and innovation in bitcoin mining hardware,” describes the blog. “With the MDK, we see a significant opportunity to increase the accessibility and openness of bitcoin mining hardware, in order to accelerate innovation in the field.”

The post ends with a promise of future updates in the coming weeks and months, and a call to action for feedback that can be directed to mining@block.xyz.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Aggressive Fed action could rock BTC market

Next Post

Machine money gains traction among EU regulators; stablecoins under consideration

Related Posts

DigiToads outperforming competition, NEAR Protocol and VeChain showing signs of decline

April 1, 2023

In the ever-evolving world of cryptocurrencies, some projects, such as DigiToads (TOADS), stand out from the competition. This deflationary memecoin has...

Bitcoin Country El Salvador’s New Bill Offers Tax Breaks For Tech Innovation

April 1, 2023

The popular crypto-friendly country El Salvador has taken a huge step to improve economic growth via technology. It recently reviewed...

BTC Nears $29,000 to Start April, as ETH Also Rebounds – Markets and Prices Bitcoin News

April 1, 2023

Bitcoin was back in the green on Saturday, as prices moved close to the $29,000 level to start the weekend....

The Behavioral Economics Of Bitcoin

April 1, 2023

The heuristics often described in behavioral economics offer insightful frameworks for understanding mainstream resistance to Bitcoin. This is an opinion...

Elon Musk reportedly wants court to dismiss $258 billion dogecoin lawsuit

April 1, 2023

According to reports, Elon Musk and his legal team pleaded to a United States court this week to dismiss a...

Load More
Next Post

Machine money gains traction among EU regulators; stablecoins under consideration

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Splinterlands Teases Land-Based Gameplay Update

March 24, 2023

Ripple (XRP) And Apecoin (APE) Suffer Price Decline While Orbeon Protocol (ORBN) Hits New High

March 14, 2023

Taiwan Securities Watchdog Will Regulate Crypto — But Not NFTs – Blockworks

March 20, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Attorney claims Ripple vs SEC case verdict may take 2 more months
  • DigiToads outperforming competition, NEAR Protocol and VeChain showing signs of decline
  • Will Bitcoin Fail to Hold Its Upward Rally? Here’s What BTC Traders Can Expect Next Week

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$28,418.00-0.16%
  • ethereumEthereum(ETH)$1,815.62-0.68%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$314.77-0.75%
  • usd-coinUSD Coin(USDC)$1.000.13%
  • rippleXRP(XRP)$0.51-5.15%
  • cardanoCardano(ADA)$0.395196-1.73%
  • dogecoinDogecoin(DOGE)$0.0820647.56%
  • staked-etherLido Staked Ether(STETH)$1,809.57-0.92%
  • matic-networkPolygon(MATIC)$1.10-0.60%
  • solanaSolana(SOL)$20.94-0.05%
  • polkadotPolkadot(DOT)$6.27-0.86%
  • binance-usdBinance USD(BUSD)$1.000.09%
  • litecoinLitecoin(LTC)$92.293.01%
  • shiba-inuShiba Inu(SHIB)$0.0000116.19%
  • tronTRON(TRX)$0.0662210.44%
  • avalanche-2Avalanche(AVAX)$17.66-0.26%
  • daiDai(DAI)$1.000.07%
  • uniswapUniswap(UNI)$6.090.14%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,431.00-0.11%
  • chainlinkChainlink(LINK)$7.49-1.74%
  • ToncoinToncoin(TON)$2.262.39%
  • cosmosCosmos Hub(ATOM)$11.270.84%
  • leo-tokenLEO Token(LEO)$3.39-2.04%
  • ethereum-classicEthereum Classic(ETC)$21.122.14%
  • stellarStellar(XLM)$0.109355-0.82%
  • moneroMonero(XMR)$155.16-1.35%
  • okbOKB(OKB)$41.58-0.48%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • bitcoin-cashBitcoin Cash(BCH)$125.641.29%
  • filecoinFilecoin(FIL)$5.782.09%
  • hedera-hashgraphHedera(HBAR)$0.070521-4.94%
  • lido-daoLido DAO(LDO)$2.40-2.43%
  • true-usdTrueUSD(TUSD)$1.000.05%
  • AptosAptos(APT)$11.24-0.50%
  • quant-networkQuant(QNT)$124.900.01%
  • crypto-com-chainCronos(CRO)$0.068877-0.12%
  • nearNEAR Protocol(NEAR)$1.97-1.70%
  • vechainVeChain(VET)$0.023383-0.23%
  • ArbitrumArbitrum(ARB)$1.27-7.89%
  • algorandAlgorand(ALGO)$0.222071-0.68%
  • internet-computerInternet Computer(ICP)$5.20-0.42%
  • apecoinApeCoin(APE)$4.200.57%
  • eosEOS(EOS)$1.18-1.44%
  • fantomFantom(FTM)$0.466361-1.30%
  • the-graphThe Graph(GRT)$0.142681-2.33%
  • blockstackStacks(STX)$0.90-3.16%
  • the-sandboxThe Sandbox(SAND)$0.630.09%
  • decentralandDecentraland(MANA)$0.590.70%