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Jack Dorsey’s Block has unveiled a new Bitcoin mining rig designed to lower costs for miners with swappable parts. The Proto Rig promises a 10-year lifespan, significantly longer than traditional rigs. This innovation aims to address key challenges in the energy-intensive mining industry.
- Proto Rig offers a 10-year lifespan and modular upgrades, cutting costs by 15-20% per cycle.
- Mining rewards halved in 2024, increasing pressure on miners to optimize efficiency.
- Block aims to decentralize mining hardware production, shifting focus from China to the U.S.
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