Skip to content
Subscriber Only
Technology

Jack Dorsey’s Square Considers Building a Bitcoin Mining System

Jack Dorsey attends the Bitcoin 2021 conference in Miami, Florida, on June 4.

Jack Dorsey attends the Bitcoin 2021 conference in Miami, Florida, on June 4.

Photographer: Eva Marie Uzcategui/Bloomberg
By

Jack Dorsey said Friday that Square Inc. is considering building a Bitcoin mining system that would be based on “custom silicon and open source for individuals and businesses worldwide.”

Dorsey said in a thread on Twitter that the company would follow a hardware wallet model and “build in the open in collaboration with the community.”