Tag: block

Jack Dorsey's payments company Block (formerly Square) will start bitcoin mining soon.In a series of tweets, Block's general manager of hardware, Thomas Templeton, laid out the company's next steps. According to Templeton, the idea of ​​making the mining process more accessible goes beyond just creating new bitcoins. Instead, he said the company sees this as a long-term need for a fully decentralized and less permissioned future. To that end, the company is addressing a major barrier to entry: Miners are hard to find, expensive, and delivery can be unpredictable. Block...