Jack Dorsey, owner of the Block company, seems intent on changing the world of Bitcoin mining. We tell you how in this note!
The former Twitter CEO Jack Dorsey, is in charge of the company Block, formerly known as Square, and his focus was mobile payments. it seems now Dorsey wants to change things a bit and get into the world of bitcoin mining and, as reported, the company is developing a new mining system of this cryptocurrency.
It is not a surprise that jack dorsey get into the world of Bitcoin, In October of last year, he reported that the company was going to begin to delve into it. At the moment, it is not very clear how this is open source bitcoin mining system in which you are working and you only know that Block will be in charge of offering it.
For now, all that is known is what Dorsey and the members of the company are going up to Twitter. The CEO of the company, Thomas Thempleton, said they want to implement a distributed and efficient system throughout the mining chain in every way, from purchase to installation. So the proposal of Block is that anyone can mine Bitcoin and others cryptos from the comfort of your home, cleanly and efficiently.
Some of the qualities that the company must offer to achieve this are to simplify access to mining equipment, reduce energy consumption and extend the useful life of the equipment. Mining deteriorates the equipment which quickly causes us to no longer be able to use it, so Block I would have to find a way to prevent this from happening.
The proposal of jack dorsey is quite interesting for those who want mine Bitcoin and currently they can’t. For now, we just have to wait to see when and how the company carries out this project and when it does, we will be facing a big change in the world of Bitcoin mining.