Point Roberts, WA and Delta, BC – October 18, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 696: Stocks discussed: (NYSE: SQ) (NYSE: BTCM) (TSXV: FORT)
Stocks discussed: (NYSE:SQ) (NYSE:BTCM) (TSXV:FORT)
Jack Dorsey, CEO of Square (NYSE:SQ), recently tweeted that the aforementioned payments and financial service giant is floating the idea of developing a Bitcoin (BTC) mining system through collaboration. His first tweet reads:
“Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community.”
In his subsequent thread of tweets, Dorsey variously emphasizes the importance of decentralization, accessibility, and the use of clean energy in crypto mining. A further tweet reads:
“Mining needs to be more efficient. Driving towards clean and efficient energy use is great for Bitcoin’s economics, impact, and scalability. Energy is a system-level problem that requires innovation in silicon, software, and integration.”