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Twitter developer is working on its own cryptocurrency miner
The company of former Twitter CEO Jack Dorsey, who has long promoted the idea of a «free and open protocol,» will present a complete bitcoin mining kit in early 2024. This became known from the publication of Bitcoin Magazine on Twitter.
BREAKING: Jack Dorsey's Block to launch complete set of #bitcoin mining hardware and software «early next year» 🙌 pic.twitter.com/3e2BhPiGcP
— Bitcoin Magazine (@BitcoinMagazine) July 11, 2023
No detailed information or official confirmation from Block or Jack Dorsey representatives has been published yet. However, it is known that the BTC mining kit from Block will include several tools for customization: a hashing board, controller, firmware, auxiliary software, and documentation.
Since 2021, Dorsey has been planning to create an open-source bitcoin mining system, but only in 2023 did he announce that his company was working on it. «Our goal is to provide developers with a set of tools that will help unleash creativity and bring innovation to the mining hardware industry,» Dorsey explained earlier.
At the end of 2022, Jack Dorsey invested in the development of green mining in Africa. Block and venture capitalist Stillmark invested $ 2 million in Gridless, a mining platform operator. The project does not generate a carbon footprint due to the use of renewable energy sources from rural Africa.