Jack Dorsey’s Block Firm Eyes Bitcoin Mining and Hardware Wallet Creation

Jack Dorsey's Block Firm Eyes Bitcoin Mining and Hardware Wallet Creation
  • Jack Dorsey’s company, Block, announced the creation of a Bitcoin mining machine.
  • The company also plans to create a hardware wallet for the next 100 million Bitcoin users.

Jack Dorsey’s company, Block, announced its interest in the creation of a Bitcoin mining machine. This news came from the recent post of the official Linkedin account of the Block company that is searching for individuals that will help them in developing Bitcoin mining ASIC. Indeed, this job posting made by the Block company catches the attention of professionals globally.

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This made Bitcoin Archive react in a tweet post,

The people that the Block will hire will be part of the custom silicon team. They will have to work closely with the other digital designers and mixed-signal designers to develop the next generation of ASIC mining. Furthermore, it is also required for them to participate in Synthesis, Place & Route, Timing closure, CDC, LINT, and DFT.

Meanwhile, the company is also planning to create a hardware wallet for the next 100 million Bitcoin users. Therefore, Block is looking for a resourceful, analytical, and detail-oriented Global Fulfillment & Logistics Lead. This is a senior execution-oriented role that will be part of a team that is deeply experienced in business, operations, design, software, hardware, and security to name a few.

In other news, the largest credit union in Idaho, U.S., has accepted Bitcoin services into its banking platform. In detail, Idaho Central Credit Union has partnered with NYDIG, an institutional Bitcoin broker. 

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