Jack Dorsey’s Block backs Proto to unlock new ASIC possibilities

Yesterday, Jack Dorsey’s Block officially confirmed its support of the innovative Proto platform. This move has sparked heightened interest among ASIC solution developers and large-scale bitcoin miners. According to Proto’s representatives, they aim to release 50,000 chips annually, with part of the hardware allocated for partner programs. Experts note that the open specification of these devices could draw new players into the market.

In Q2 2025, Proto expects to secure approximately $40 mln in investments, accelerating the development of cooling systems and enhancing overall energy efficiency. Specialists point out that this direction could solidify open-source solutions in the crypto industry. Proto’s systems are already reserved by several large data centers focused on high-volume mining.

Moreover, Block plans to provide access to a unique toolkit enabling users to create and test their own modules. Analysts believe this could stimulate competitive growth and make the mining market more flexible and dynamic. A full-scale presentation of improved ASIC versions is slated for the end of this year.