Block (XYZ) unveiled Proto Rig, a modular bitcoin mining system, and Proto Fleet, a free and open-source fleet management software. The announcement, made during an event held at Proto customer Core Scientific’s (CORZ) facility in Dalton, GA, where Proto Rigs are mining as part of their fleet, represents a significant step toward decentralizing bitcoin mining hardware, opening access to more builders, and increasing network resiliency. These mark the first two end-to-end releases by Proto, Block’s suite of bitcoin mining products and services, following its initial chip sale to Core Scientific.
Claim 30% Off TipRanks
Trade CORZ with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYZ:
- Block price target raised to $88 from $71 at Mizuho
- Block Inc. Earnings Call Highlights Strong Growth
- Cathie Wood ‘Buys the Dip’ in Block Stock; Sells Shopify Shares
- Block price target raised to $84 from $59 at Argus
- Cathie Wood Buys TTD and PINS Stocks, Sells Stakes in Block and DraftKings, 8/12/2025