The CEO of Intel, Pat Gelsinger, seems to be venturing into Bitcoin mining despite slamming the activity just a few days ago over high energy [...]

Intel says its chip for blockchain applications can be 1000 times faster than its nearest rivals.  

Bitcoin is now in the Jack Dorsey era. The former Twitter CEO (and co-founder) is betting big on bitcoin. Dorsey renamed his payment company — formerly Square — “Block” to signal its new focus on crypto and blockchain technology. And his outsized presence looks like it may dominate the landscape for years to come. In […]

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Jack Dorsey made headlines by leaving Twitter to focus full-time on Square (now Block) and Bitcoin. But how will the company advance the protocol?

Jack Dorsey, CEO of Block (formerly Square), has been a consistent advocate of bitcoin. Dorsey both personally and professionally has supported bitcoin for years. In 2018, he said that bitcoin will eventually become the world’s single currency. In 2020, Square purchased about $50 million worth of bitcoin. In early 2021, Square bought another $170 million […]

The post Jack Dorsey wants to keep the force in bitcoin decentralized appeared first on Daily Fintech.

In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That […]

January 14, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ DeFi lottery protocol PoolTogether is facing a lawsuitpertaining to whether[...]

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