The co-founder of Block (formerly Square) is looking for qualified specialists to develop integrated circuits for Bitcoin mining and a hardware wallet.
Dorsey, a well-known Bitcoin enthusiast, announced a new ASIC miner project last fall.
The project is aimed at solving the problems of energy consumption and environmental friendliness of cryptocurrency mining. The company plans to develop more efficient computer chips and power architecture so that all miners can rely entirely on renewable energy sources.
Dorsey's green energy plan could provide a viable solution to the current energy challenges associated with crypto asset mining.
The second, no less ambitious task that Dorsey's company is solving is a strategy for supplying a hardware wallet to hundreds of countries. The team is working on a global, simple and reliable self-service system for crypto transactions "for the next 100 million Bitcoin users."
Dorsey continues to dive into the crypto industry. Last year, he released whitepaper of the decentralized bitcoin exchange tbDEX. In 2020, Square invested $220 million in the first cryptocurrency.
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