Block’s job openings reveal Jack Dorsey’s Bitcoin-related plans

Block’s job openings reveal Jack Dorsey’s Bitcoin-related plans

In two recent job postings on LinkedIn, the company Jack Dorsey’s (formerly Square) Block revealed the group’s plans to develop “the next generation of mining ASICs,” and make a hardware wallet for the next 100 million Bitcoin (BTC) users.

Both positions are based out of Block’s San Francisco headquarters. and were added to the job posting platform in the last 24 hours.

For the role of leader of custom digital design, the candidate will help the “silicon validation of the ASIC and its prototype”. An ASIC is a small machine dedicated to mining Bitcoin and is considered the best option for the security of the Bitcoin network. The new job offer. confirms that Block intends to develop ASICs built specifically for BTC mining.

The second career is for the Head of Global Hardware Wallet Compliance and Logistics. At the heart of the job is “bringing user-friendly and reliable self-custody to a global audience.”. Ultimately, Block intends to distribute its hardware wallets to more than 100 countries.

The news aligns with the announcements made by Dorsey in 2021. Back when Block was called Square, Dorsey tweeted that “Square is considering building an open source, custom silicon-based Bitcoin mining system for individuals and businesses around the world.”

Further back, In July, Square claimed to be developing an “assisted custody BTC hardware wallet. Plans appear to be coming to fruition.”

Block is the holding company name for Square, CashApp, Spiral, Tidal, and TBD54566975. Aside from the music streaming service Tidal, each company is dedicated to fostering Bitcoin adoption and economic empowerment.

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Across Block’s group of companies, there are 650 jobs available in destinations around the world. In Block’s case, there are several live listings for leadership positions in state public policy in the United States, as well as the two aforementioned product-related roles.

Since leaving Twitter CEO, Jack has spoken out for Bitcoin and against Web3, sometimes with mixed results. After a series of well-directed tweets, he found himself between a rock and a hard place after tweet that venture capital firms owned Web3. Andreessen Horowitz, CEO of his eponymous venture capital firm, quickly blocked him.

But nevertheless, It’s also winning over NBA stars like NBA champion Andre Iguodala and Klay Thompson, who will receive part of their salaries in Bitcoin using Block’s Cash app.

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