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@bascule ("Tony "Abolish ICE" Arcieri 🦀🌹") replied to a tweet by @bascule:
Bitmain's next generation miners are using TSMC's 5nm process.
A Square/"Block"-made miner is not going to be competitive, sorry.
But even if it did, Square was also a VC funded company that took $600M from VCs such as Sequoia Capital, Kleiner Perkins, Khosla Ventures, and GIC.