Block Claims to Beat China in Bitcoin Chip Development, Here’s What Jack Dorsey Says!

Jakarta, Pintu News – Jack Dorsey, co-founder of Twitter and CEO of Block, Inc. claimed that the company he leads managed to create a better Bitcoin chip than those produced by China. In the first quarter 2025 earnings call, Dorsey confirmed that Block has launched a specialized chip for Bitcoin mining.

Proto, a new unit of Block, plans to release its latest Bitcoin chip on August 14, 2025. This move shows the company’s efforts to reduce dependence on China in the supply of Bitcoin mining chips.

Check out the full information in this article!

Creating Bitcoin Chips in the United States

Block is committed to developing Bitcoin (BTC) chips in the United States, which has been the dominant market in terms of mining hash power. Although the United States excels in terms of Bitcoin mining hash rate, China remains the global leader in mining equipment production.

Block’s plan to produce Bitcoin chips domestically aims to reduce dependence on suppliers from China that dominate the market, including large companies such as Bitmain, Canaan, and MicroBT.

The high tariffs imposed by President Donald Trump on Chinese goods, including a 34% tax that comes into effect in April 2025, have further exacerbated problems for the mining industry in the US.

The price of mining equipment has now increased between 22 to 36 percent, creating an additional burden for cryptocurrency miners in America. Block is therefore seeking to reduce this dependency by developing their own Bitcoin mining chip.

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Jack Dorsey’s Reaction and Waiting for the Future

On August 13, 2025, Block also announced plans to raise $1.5 billion to support their projects, including the development of this Bitcoin mining chip.

During a Q&A session on the X platform, a user asked Jack Dorsey if the Proto Block unit had “outperformed” Chinese mining chip technology. Dorsey replied emphatically, “We have,” indicating that they feel confident in the quality of their chips compared to existing products in the market.

In addition, Block is also preparing big plans to change the way Bitcoin is mined in the world.

By having more efficient mining chip technology and not relying on Chinese manufacturers, Block hopes to shake up the country’s dominance in the industry. This move could certainly be a turning point for the cryptocurrency industry globally, with less reliance on overseas suppliers.

Also read: MicroStrategy’s Bitcoin Purchase Timeline: From 2020 to 2025

Building a More Independent Mining Infrastructure

Dorsey revealed that although they have started chip production in the United States, the total shift of Bitcoin mining rig production to the US will still take years.

In the short term, Block will continue to work on increasing the availability of more efficient mining chips for Bitcoin miners around the world. If achieved, this move could significantly change the cryptocurrency mining landscape, with the possibility of lower production costs and more even availability in the market.

However, despite Block’s efforts to reduce dependence on China, if the US and Chinese governments manage to reach a trade deal that reduces import tariffs, chip prices from China could become affordable again.

Nonetheless, Block’s plan to create a domestically made Bitcoin mining chip is a big step towards challenging China’s dominance in the global market.

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Reference:

• Crypto Times. Jack Dorsey Claims Block Beats China in Bitcoin Mining Chips. Accessed August 15, 2025
• Featured Image: Crypto News