Former Twitter CEO and Block co-founder Jack Dorsey continues to pursue his bitcoin mining (BTC) projects as his company prepares to hire a custom digital design manager.
Block Advertises Bitcoin Mining-related Job
San Francisco-based financial services group Block (formerly known as Square) is hiring a Custom Digital Design Lead, according to a recent job listing on LinkedIn. The role description looks to recruit an experienced designer to join a team of developers working on an application-specific integrated circuit (ASIC) for bitcoin mining.
The job posting matches previous statements by company CEO Jack Dorsey regarding plans to build and develop a BTC mining system based on custom silicon designs and open source collaboration.
Dorsey, a well-known bitcoin enthusiast, has explained in the past why his company’s bitcoin ASIC project is necessary and what it could mean for the future of the BTC network. In a thread back in October 2021, the CEO outlined the need for bitcoin mining to be more decentralized and energy-efficient.
Block’s project seeks to address long-standing energy issues associated with cryptocurrency mining. The company says it is working to develop more efficient computer chips and power architectures to generate exclusive reliance on renewable energy sources for all miners.
Dorsey’s plans to drive quicker adoption of green energy might provide a viable solution to growing energy concerns surrounding mining activities. Earlier in January 2022, the Kosovo government reportedly implemented a policy banning all cryptocurrency mining in a bid to manage the country’s energy crisis during the winter months.
Dorsey is going full steam ahead with BTC
Jack Dorsey’s businesses have been closely linked with the adoption and developments of traditional crypto in recent times. Before stepping down as CEO of Twitter, the social media platform announced a tip feature with bitcoin as a supported payment.
CashApp, a mobile transaction service developed by Block, also announced its availability to customers 13 years and older, giving users the option to purchase bitcoin.
Dorsey also continues to show her support and appreciation for the world of digital assets by targeting environmental concerns surrounding cryptocurrency.
Back in Dember 2020, his company reportedly invested $10 million into a Bitcoin Clean Energy Investment Initiative.
