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Block building open bitcoin mining system
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finextra.comIn a tweet thread, Block general manager for hardware, Thomas Templeton, says: "We want to make mining more distributed and efficient in every way, from buying, to set up, to maintenance, to mining. We’re interested because mining goes far beyond creating new bitcoin.
We see it as a long-term need for a future that is fully decentralized and permissionless."Templeton says Block has been investigating the customer pain points and technical challenges faced with bitcoin mining and how these can be addressed. The company is building out a core engineering team to work on the system.
. Read more on finextra.comAbout this in other media
Post-regulatory crackdowns, power grid outages, here’s where Bitcoin mining is heading ambcrypto.com /2 years ago
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Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing cointelegraph.com /2 years ago
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