Jack Dorsey’s Block Is Hiring To Develop Next-Gen Bitcoin Mining ASIC
A job posting by Block shows they are looking to hire a team dedicated to launching the “next generation” of bitcoin mining ASIC.In a recent job posting by Jack Dorsey's Block, they are looking to hire a team dedicated to launching the “next generation” of bitcoin mining ASIC.An ASIC (application-specific integrated circuit) is a microchip that is custom-designed for a particular use, rather than one intended for general-purpose use. In this case, Block is setting out to build an ASIC that is purpose-built solely for bitcoin mining. In a tweet thread published in October 2021, Jack Dorsey....
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Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make a hardware wallet for the next 100 million Bitcoin (BTC) users.The two roles are based in the Block’s headquarters in San Francisco and were added to the job posting platform in the past 24 hours. For the role of the custom digital design lead, the candidate will help “silicon....
Among Block’s initiatives to further the Bitcoin ecosystem shared in its 2022 Investor Day is the development of an open-source bitcoin mining ASIC chip.
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.”
The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That Is Fully Decentralized and Permissionless’
Jack Dorsey and the Block’s hardware general manager Tom Templeton discussed the company’s focus on bitcoin mining this week.....
Jack Dorsey made headlines by leaving Twitter to focus full-time on Square (now Block) and Bitcoin. But how will the company advance the protocol?
Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48 — jack⚡️ (@jack) January 13, 2022 Block Is Working On Bitcoin Mining Thomas Templeton, Block’s general manager for hardware, set out the company’s next moves in a series of tweets. “From buying, to set up, to maintenance, to mining,”....