Today news
About the same in other media
Jack Dorsey’s Square plans to build an open-source Bitcoin mining system
Reading now: 853
American finserv Square will soon begin investigating technical requirements for building an open-source Bitcoin (BTC) mining system, according to CEO Jack Dorsey.
Dorsey shared a series of tweets explaining his intent to follow a collaborative approach in further decentralizing Bitcoin mining. He said:
Dorsey believes that further decentralizing the Bitcoin network will be critical for securely settling the transactions “well after the last bitcoin is mined.” Moreover, Square’s system aims to deliver energy-efficient mining solutions by innovation in silicon, software, and integration.
The initiative will be led by Jesse Dorogusker, Square’s hardware lead, who previously helped launch Square hardware wallet and custody service. According to
Read more on cointelegraph.comAbout this in other media
7 lessons learned from building and scaling Bitcoin mining operations cointelegraph.com /3 years ago
Immersive cooling tech could help Bitcoin mining go green by 2030 cointelegraph.com /3 years ago
Bitcoin on Twitter’s balance sheet ‘doesn’t make sense today’ ambcrypto.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
