Jack Dorsey, founder of Square and CEO of Twitter, has announced plans to design and launch a Bitcoin mining system.
Jack Dorsey’s Square has been pro-Bitcoin for quite some time now. The fintech company currently boasts of several Bitcoin-focused projects. These include a business to build an open developer platform and also a hardware wallet for Bitcoin.
Bitcoin Mining Should Be for All – Jack Dorsey’s
Square’s hardware unit head, Jesse Dorogusker, will be in charge of the project to build a Bitcoin mining system. He will research on and investigate the prerequisites needed to launch a BTC mining system. The mining system will also be built following input from and collaboration with Square community members.
In Jack’s own words, he said, “If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community.”
Businesses and individuals might soon have the opportunity to easily mine Bitcoin.