Jack Dorsey’s Square Considers Building a Bitcoin Mining System
LAS VEGAS, NEVADA - JANUARY 09: Twitter CEO Jack Dorsey speaks during a press event at CES 2019 at the Aria Resort & Casino on January 9, 2019 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 11 and features about 4,500 exhibitors showing off their latest products and services to more than 180,000 attendees. (Photo by David Becker/Getty Images) Photographer: David Becker/Getty Images North America
, Photographer: David Becker/Getty Images North America
Nathan Crooks, Bloomberg News
(Bloomberg) -- Jack Dorsey said Friday that Square Inc. is considering building a Bitcoin mining system that would be based on “custom silicon and open source for individuals and businesses worldwide.”
Dorsey said in a thread on Twitter that the company would follow a hardware wallet model and “build in the open in collaboration with the community.”
©2021 Bloomberg L.P.