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Topic: Jack Dorsey: Block is ‘officially building an open bitcoin mining system’ - page 2. (Read 256 times)

hero member
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pxzone.online
.. im guessing he is going to offer a 'cloud mining' service...
I wonder how his words will encourage people to invest or something similar to it in regards with this cloud mining. And how it differs to typical scam cloud mining.
legendary
Activity: 4410
Merit: 4788
when saying one of his idea's solves the issues of the delivery, setup, heat, dust, noise making it inconvenient for peoples homes.. im guessing he is going to offer a 'cloud mining' service... along with patent-less open source blueprints/designs/coding if people want to take his design of an asic and make their own asic.

years ago many ASIC manufacturers started very open. not just cloud hashing, but also selling asics, and also selling the chips stand alone so others can make their own asics. but lately due to headache and cost of building their own. most ended up just buying asics(farms) or cloud hashing(hobbyists)
full member
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Yesterday, Jack Dorsey announced the launch of a fund for the legal defense of Bitcoin developers. https://bitcointalksearch.org/topic/m.58967636

And now, he tweeted that they're officially building an open bitcoin mining system. https://twitter.com/jack/status/1481745463401500676

Related news:

cnbc: Jack Dorsey: Block is ‘officially building an open bitcoin mining system’
https://www.cnbc.com/2022/01/13/jack-dorsey-block-officially-building-an-open-bitcoin-mining-system.html

Reuters: Future of Money - Jack Dorsey's Block to build an open bitcoin mining system
https://www.reuters.com/technology/jack-dorseys-block-build-an-open-bitcoin-mining-system-2022-01-13/

Jack has a plan for Bitcoin  Smiley
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