The payment company Block (formerly Square), which was jointly established by Twitter co -founder Jack Dorsey, has announced on January 13 that it will start building an open bitcoin mining system.
Dorsey tweeted and Block's hardware General Manager THOMAS TEMPLETON announced on Twitter thread.Templeton wants anyone to easily purchase mining rigs (a set of equipment required for mining).
He says, "I want to more diversified and streamline mining, from purchase to setup, maintenance, and mining," and "we are more interested in mining more than a new bitcoin creates a new bitcoin.Because it is much larger, we believe this is necessary for a long time for the completely dispersed permissions (free participation).
Templeton explains that Block is focusing on increasing the reliability of the mining process and making it accessible to more people.The company emphasizes the appropriate and executable performance, taking into account other factors that minor seeks, such as reducing power consumption and improving hash rates.
"We are often heard in the current system related to heat dissipation and dust, and we need to restart time every day," said Templeton.I want to build something that can be used anyway. "
Block wants to make the Bitcoin mining process decentralized.Templeton states that it is planned to work in an open form in cooperation with the mining community.In October, the company announced that it is considering developing Bitcoin mining systems.Details have not yet been disclosed when the system can be used by this mining system.
Block has announced in 2018 that it can buy and sell bitcoin with the Cash App app.The company has invested in cryptocurrencies (encryption assets), and is believed to have about 8027 bitcoin.Dorsey was a virtual currency supporter, and in 2018, Bitcoin would be a "single global Internet currency" in the near future.
This article edited by Asahi Interactive for an article from overseas RED VENTURES for Japan.