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Block\u2019s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.<\/p>\n
Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs \u2014 a potential boost for miners facing steep capital expenditures to maintain facilities.<\/p>\n
At the center of the launch is Proto Rig, a modular system that replaces the traditional three-to-five-year mining rig life cycle with hardware built to last a decade or more, Block announced<\/a> Thursday. <\/p>\n Instead of discarding entire units, miners can swap out individual hashboards as technology<\/a> improves, potentially cutting upgrade costs by up to 20% per cycle.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n