Block, run by Jack Dorsey, offers many mining and hardware wallet jobs. The company is a service provider that focuses on and specializes in payments. The company, led by the former Twitter boss, is increasingly focused on the bitcoin mining segment. The announcement doesn't come as much of a surprise to pundits, as hints from Dorsey herself were released last year. A specification of the project can be derived from various statements from the management level of the company. Among other things, the General Manager of Block said that mining should be made more efficient. Furthermore, there should be decentralization and the spectrum from purchase to maintenance and mining itself should be significantly expanded. According to Tom Templeton (General Manager), complete independence and decentralization are essential for a successful future. According to him, mining goes well beyond creating new bitcoins.
The next generation of mining ASIC
According to the current job listings at LinkedIn , the company's plans are for "the next generation of mining ASIC ". In addition, a hardware wallet is to be created that will cover the next 100 million Bitcoin users.
The advertisement for the positions fits very well with the announcements made by Jack Dorsey in autumn 2021. At that time, the company was still called Block Square. On Twitter, the CEO stated that the Square company aims to build a custom silicon-based, open source bitcoin mining system around the world. This system can be used by private individuals and companies alike.
Already in the past, in July 2021, there was a claim that Square was developing a BTC hardware wallet with assisted custody. It seems that the plans could now become reality. This development becomes clear due to another job advertisement. The very busy CEO has also presented a new fund related to legal disputes. The fund is intended to support Bitcoin developers in the event that their activities related to Bitcoin lead to a lawsuit.
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