Former Twitter CEO and co-founder of Block Jack Dorsey continues to pursue bitcoin (BTC) mining plans as his company moves to hire a Custom Digital Design Lead. Block Advertises Bitcoin Mining-related Job San Francisco-based financial services group Block (formerly known as Square) is hiring a Custom Digital Design Lead, according to a recent job listing on LinkedIn. The role description looks to recruit an experienced designer to join a team of developers working on an application-specific integrated circuit (ASIC) for bitcoin mining. The job posting aligns with previous statements from company CEO Jack Dorsey regarding the plans to build and develop a BTC mining system based on custom silicon designs and open-source collaboration. Dorsey, a well-known bitcoin enthusiast,
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Former Twitter CEO and co-founder of Block Jack Dorsey continues to pursue bitcoin (BTC) mining plans as his company moves to hire a Custom Digital Design Lead.
Block Advertises Bitcoin Mining-related Job
San Francisco-based financial services group Block (formerly known as Square) is hiring a Custom Digital Design Lead, according to a recent job listing on LinkedIn. The role description looks to recruit an experienced designer to join a team of developers working on an application-specific integrated circuit (ASIC) for bitcoin mining.
The job posting aligns with previous statements from company CEO Jack Dorsey regarding the plans to build and develop a BTC mining system based on custom silicon designs and open-source collaboration.
Dorsey, a well-known bitcoin enthusiast, has explained in the past why his company’s bitcoin ASIC project is necessary and what it could mean for the future of the BTC network. In a thread back in October 2021, the CEO outlined the need for bitcoin mining to be more decentralized and energy-efficient.
Block’s project seeks to address the long-standing energy concerns associated with mining cryptocurrency. The company says it is working towards developing more efficient computer chips and power architectures to drive sole dependence on renewable energy sources for all miners.
Dorsey’s plans to drive quicker adoption of green energy might provide a viable solution to growing energy concerns surrounding mining activities. Earlier in January 2022, the Kosovo government reportedly implemented a policy banning all cryptocurrency mining in a bid to manage the country’s energy crisis during the winter months.
Dorsey Going Full Steam Ahead with BTC
Jack Dorsey’s companies have been closely related to mainstream crypto adoption and developments in recent times. Before stepping down as CEO of Twitter, the social media platform announced a tipping feature with bitcoin as a supported payment.
CashApp, a mobile transaction service developed by Block, also announced its availability to customers 13 years and older, giving users the option to purchase bitcoin.
Dorsey also continues to show his support and appreciation for the world of digital assets by targeting environmental concerns surrounding cryptocurrency.
Back in Dember 2020, his company reportedly invested $10 million into a Bitcoin Clean Energy Investment Initiative.