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Square Plans To Build Open Source Bitcoin Mining System

Square Plans To Build Open Source Bitcoin Mining System

Open Source Bitcoin Mining System: One of the latest news taking round on the internet. If you are also interested in the Bitcoin mining then this is a good news for you. The CEO of Twitter has announced about his plans. Because a lot of people are interested in the mining process. He will soon launch the energy efficient and easy portal. Now you can login and get going with your Bitcoin mining.

Jack Dorsey, CEO of Twitter Inc and Square Inc, said the fintech firm is working on an open source bitcoin mining system. It is for people and companies based on custom silicon and open source.

There is a need for Bitcoin mining system. Dorsey has explained his thoughts clearly. Because of a set vision he is ready to offer a great platform. To know more stay updated with us and we will let you know the entire news. Moreover we will also help you with all that is happening in the progress.

Square Announced This in his Tweet

He writes in the tweet, Square is contemplating developing a Bitcoin mining system for consumers and companies throughout the world. It will be based on bespoke silicon and open source. The Bitcoin network becomes more robust as it gets more decentralized. However the dates will be declared soon. Stay connected with us for the complete updates.

Further decentralizing the Bitcoin network, according to Dorsey, would be crucial for safely settling transactions long after the final bitcoin is mined. However the team is still working on the same. We will share the updates soon.

Energy Efficient Open Source Bitcoin Mining System

Square’s technology, he claims, promises to offer energy-efficient mining solutions through innovation in silicon, software, and integration. Dorsey has also informed about his plans. He has a set pattern in his mind. He will share all the latest updates. It is a good opportunity for the mining fans. The platform will be energy efficient. It will have a good speed. The same platform will also give you a great time in winning offers.

Mining isn’t accessible to everyone, adds Dorsey. Bitcoin mining should be as simple as plugging in a computer. Excited for the release dates? Let us help you know more about the same.

Are you a fan of cryptocurrency then stay updated with us and we will keep you updated with the latest news. Let us know in the comments below and we will solve your queries. Moreover if you have something to share with us? Leave comments in the below section. We will get in touch with you.

About the author

Anchal Ahuja

Anchal Ahuja likes to express herself through her write-ups. She doesn’t believe in doing different things but she enjoys doing things differently at TheNextHint.

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