$Block (SQ.US)$ is exploring the possibility of developing a...
$Block (SQ.US)$ is exploring the possibility of developing a Bitcoin mining system based on “custom silicon and open source for individuals and businesses worldwide.” SQ shares rose 0.64 % to close at $249 on October 15.
Square provides credit card payment processing solutions. It also provides reporting, analytics, and next-day settlement.
In his tweets, Dorsey reiterated the need to decentralize mining to make the Bitcoin network more resilient. Additionally, the executive insists on mining being more efficient, thus ensuring cleaner and more efficient energy use. In a series of posts, the Square executive questions why silicon design is concentrated in a few companies, leading to supply overlay constraints.
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Niamh Oakes : Shitcoin is a glorified Chuck E Cheese token. Id personally rather have one dollar than 50 of them. The dollar is the most powerful currency on earth.
Yogesh Suva OP : us dollar powerful