Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin Mining => Topic started by: Pagla on January 14, 2022, 06:03:22 AM
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Financial services firm Block, previously known as Square, is officially engaged in creating a new, open-source bitcoin mining system, CEO Jack Dorsey announced Thursday on Twitter, referencing a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton.
“We want to make mining more distributed and efficient in every way, from buying, to set up, to maintenance, to mining,” Templeton wrote. “We’re interested because mining goes far beyond creating new bitcoin. We see it as a long-term need for a future that is fully decentralized and permissionless.”
Templeton said the project is interested in joining performance and open-source architecture in an “elegant system integration.” The company is on the lookout for technologies and partnerships that could empower the idea, which is being incubated within Block’s hardware team. A dedicated team of engineers is being allocated to the task, led by Afshin Rezayee, and open roles include electrical engineers, software and analog designers, ASIC engineers, and layout engineers.
More Information (https://cryptonews.net/en/news/mining/3018629/)