Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System

Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System


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

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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,” Templeton said, the goal is to make bitcoin mining — the process of creating new bitcoins by solving increasingly hard computing tasks — more dispersed and efficient in every aspect.

According to Templeton, making the mining process more

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