Square CEO Dorsey says looking to build a bitcoin mining system – tweet

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Jack Dorsey, co-founder of Twitter and fin-tech firm Square, sits for a portrait during an interview with Reuters in London, Britain, June 11, 2019. REUTERS/Toby Melville/Files

October 15, 2021

(Reuters) – Fintech firm Square Inc Chief Executive Officer Jack Dorsey said on Friday that the company is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses.

“If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community,” Dorsey said in a tweet.

(Reporting by Chavi Mehta in Bengaluru; Editing by Shailesh Kuber)






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