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Jack Dorsey’s company will create a team to develop a Bitcoin miner

by Vaibhav
January 12, 2022
in News
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Jack Dorsey’s company will create a team to develop a Bitcoin miner
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Jack Dorsey’s Block (formerly Square) has opened positions on the “next generation” ASIC miner and hardware wallet teams for “the next 100 million bitcoin users.” This is stated in the corresponding section on the website.

Two positions are open at the company’s headquarters in San Francisco. Lead Digital Design Candidate to be participate in the development of a device for the production of the first cryptocurrency.

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Second vacancy foresees work as the head of the logistics department. The employee is responsible for creating and implementing a hardware wallet supply strategy that “will be distributed in over 100 countries.”

“Our goal is to expand economic opportunities, starting with providing easy-to-use and reliable self-service to a global audience,” the announcement says.

Dorsey announced the possibility of creating a hardware wallet in June 2021. A month later, Jesse Dorogusker, the head of hardware product development at the payment company, confirmed the plans.

See also  PayPal and Revolut left the Russian market

In October, Dorsey revealed that Block is considering an open source Bitcoin mining device.

Previously, the company invested $ 50 million in the first cryptocurrency and $170 million in equity.

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