Jack Dorsey Started The Bitcoin Mining Project

Jack Dorsey, the founder of Twitter and CEO of Block, started the Bitcoin mining project he mentioned in October.

Jack Dorsey, the founder of Twitter and CEO of Block company, announced that they have officially started the open BTC mining system project.

Dorsey first expressed that he had such thoughts last October. At the time, the successful entrepreneur who supported Bitcoin stated, “We are considering creating an open source Bitcoin mining system for individuals and businesses worldwide.” After a few months, Dorsey and his team have now officially launched the project in question.

Thomas Templeton, general manager of hardware of Block, formerly known as Square, gave details of the project in question in a statement on Twitter. Templeton stated that research has begun within Block’s hardware team and that they are establishing a core engineering team consisting of system, ASIC and software designers.

With this project, mining will be distributed and efficient in every aspect, from procurement to installation, maintenance and mining.