Jiuzi Holdings Makes Bold Crypto Move

The post Bitcoin mining chips see exciting new entrant appeared on BitcoinEthereumNews.com. Homepage > News > Business > Bitcoin mining chips see exciting new entrant On August 14, 2025, Jack Dorsey said that Proto, a United States company, is now better than China at designing Bitcoin mining chips. A bold claim considering China’s role has led the field for years. Still, with few people talking about this, it shows promise that the U.S. is becoming a leader in block reward mining tech, or at least making large pushes too. Good rules and money conditions are bringing miners from other countries to the United States. The mining business is moving from Asia to North America, and Proto’s progress suggests the U.S. will be in charge, which will change how mining works, how sustainable it is, and how companies compete. Proto’s advance in ASIC design is a significant step forward. ASICs are key to block reward mining, as they are built for the computing needs of securing blockchains such as BTC. Chinese companies like Bitmain led this field in the past, making over 80% of the world’s mining hardware. But China’s ban on cryptocurrency activities on August 2, 2025, has changed things, giving U.S. companies like Proto a chance to take over. Dorsey’s statement implies that Proto’s chips work better in terms of energy use and hash rate, which are very important in this competitive business. By not depending on foreign hardware, U.S. miners can cut expenses and improve their operations, especially considering that Bitmain’s U.S. factory will not be ready until 2026. Proto’s impact is magnified by America’s supportive setting for Bitcoin mining. After China’s ban, the U.S. mining landscape is positioned to act as a global mining center, now handling about 40% of BTC’s hash rate. States such as Texas, Wyoming, and Montana are leading the way in attracting mining businesses because…

Cryptos steadied after the Fed’s latest cut, but analysts await clearer guidance on future cuts for a sustained rally.

M2 is backing the protocol’s bid to grow adoption of its synthetic dollar products across the Middle East.