THE MINING POD: Jack Dorsey's Proto Miner is Coming For Bitmain

Block is most well known for its point of sale hardware. But now they are gunning for the bitcoin mining market.Block is most well known for its point of sale hardware. But now they are gunning for the bitcoin mining market.

Sep 8, 2025

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ABOUT

Welcome back to The Mining Pod! On today’s bonus edition, Perry Hothi from Block joins us to talk about Proto’s new ASIC miner, Rig. We dive deep into the technical specs, modular hashboard design, open-source mining software, and how Block plans to compete in a hardware market dominated by Bitmain. Perry explains Rig’s data center-inspired features and Block's broader Bitcoin ecosystem strategy.

Notes:

• 14.1 joules per hash efficiency rating

• 12kW power consumption per unit

• 96-124 chips per configuration

• Swappable hashboard design

• Single phase power that helps balance all three phases

• Two fans per three hash boards design

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Notes:

50 % tariff on Chinese rigs
22 % tariff on SE Asian rigs
Difficulty target for 1 ZH/s = 139.7 T hashes
Hash price ≈ $53.8 /TH/day
American Bitcoin surged to $13/share, fell to $6.38

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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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