News > Jack Dorsey Bitcoin: Jack Dorsey's Block to build an open bitcoin mining system

Jack Dorsey Bitcoin: Jack Dorsey's Block to build an open bitcoin mining system

Gadgets Now | 14/01/2022 12:24 PM | Click to read full article

Block Inc chief executive officer Jack Dorsey said in a tweet on Thursday that the fintech firm is building an open bitcoin mining system, as the newly re-branded company looks to expand beyond its payment business and into new technologies like blockchain.

From Social In October, Dorsey said that Block, formerly Square, was considering building a bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide.