Jack Dorsey’s fintech company Block is buying Bitcoin (BTC) mining chips from Intel in order to boost their equipment production plans. According to a new blog post, Block’s purchase of Intel’s ASIC (application-specific integrated circuit) chips will accelerate their plans to enter the Bitcoin mining market. Block says they were designing their own ASICs when The post Tech Mogul Jack Dorsey’s Bitcoin Company Block Buys Up Hardware From Intel for New Mining Operations appeared first on The Daily Hodl .