James Macedonio: Why Blockstream's ASIC Miner Has Its Own 'Special Sauce'
Portfolio Pulse from Stjepan Kalinic
James Macedonio, SVP at Blockstream, will participate in Benzinga's Future of Digital Assets event. Blockstream, known for its partnership with Tesla and Block to build a solar-powered mining operation, is developing its own ASIC miner with a 'special sauce' for cost control and efficiency. Despite an oversupply in the ASIC market, Blockstream is optimizing its product, with next-gen ASICs expected in the second half of 2024.
November 10, 2023 | 5:10 pm
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NEUTRAL IMPACT
Block, formerly known as Square, is mentioned for its partnership with Blockstream in building a solar-powered mining operation. No new developments or financial impacts on Block are discussed in the article.
Block's mention is related to a past partnership with Blockstream, which does not provide new information or indicate a direct impact on Block's short-term stock performance.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 20
NEUTRAL IMPACT
Tesla is mentioned for its partnership with Blockstream in building a solar-powered mining operation. No new developments or financial impacts on Tesla are discussed in the article.
Tesla's mention is related to a past partnership with Blockstream, which does not provide new information or indicate a direct impact on Tesla's short-term stock performance.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 20