Jack Dorsey’s payment firm blockstarted hiring to set up Bitcoin (BTC) mining and wallet hardware units.
Block’s decentralized finance unit, TBD, announced a stablecoin partnership with Circle earlier this month. Block, formerly known as Square, continues to take steps on Bitcoin and decentralized finance.
Jack Dorsey’s Company Grows Crypto Services
Block, the company of Twitter co-founder and former CEO Jack Dorsey, is establishing new units to expand its crypto services.
In a job posting for the test center leader, the company told LinkedIn that its mining team is developing “Bitcoin mining ASIC, Bitcoin mining rig and related systems, software, and infrastructure.”
The test center will house Block’s mining hardware and will be used to test the mining system’s hardware and software and general operational issues (power, cooling, dust, reboot, performance monitoring, connection to the pool).
The firm is also recruiting product and engineering talent to develop the next generation ASIC mining system and build the first mining rig and future mining rig product lines.
