Co-founder of social media giant Twitter Jack DorseyAfter leaving office, he turned to the crypto space. Dorsey, who is currently the CEO of Block, explained his ideas to popularize mining in his last statement.
bitcoin The maximalist phenomenon suggests that large budgets are required for individuals to start mining today, and that this situation blockchain thinks that it negatively affects the decentralization of their networks. Dorsey emphasized that cheaper DIY kits should be introduced to bring Bitcoin mining to the household level.
Dorsey announced on his Twitter account that they have started working to close this gap in the crypto market.
Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions.
— jack (@jack) October 15, 2021
“Square plans to build an open source Bitcoin mining system for individuals and small businesses worldwide.”
The Block CEO wishes that the system that would emerge if his goals were met should be uncomplicated. For individuals who want to do crypto mining, plugging the device should be enough for the system to work.
Jack Dorsey stated that the widespread use of Bitcoin along with mining will shape the future.
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