Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s…
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Jack Dorsey’s Block completes development of 3nm Bitcoin mining chip, now targets full mining system
Jack Dorsey's Block has completed its Bitcoin mining chip development, aiming to decentralize mining hardware supply and improve performance. The post Jack Dorsey’s Block completes development of 3nm Bitcoin mining…
Bitcoin Profits: Jack Dorsey’s Block Reports 90% Surge in BTC Gains in Q4 2023
Block, led by CEO Jack Dorsey, announced $66 million in gross profit from selling Bitcoin through its Cash App in the fourth quarter of last year. This marks a 90%…
Twice in Two Months: Jack Dorsey’s Block Conducts Another Round of Layoffs
Block Inc., a fintech company co-founded by former Twitter CEO Jack Dorsey, has laid off some of its employees, making it the second time in two months that the company…
Jack Dorsey Believes Bitcoin Will Drive ‘World Peace’ and ‘Energy Abundance’
In a recent interview, Jack Dorsey and Luke Dashjr shared their insights on the current state and future trajectory of Bitcoin. The interview also shed light on Ocean Mining’s innovative…
Jack Dorsey Rolls Out Self-Custody Bitcoin Wallet With Key Recovery Tool
Jack Dorsey’s Block has announced the full, global rollout of Bitkey – the firm’s self-custodial Bitcoin (BTC) wallet – in a bid to encourage HODLers to take full control of…
Jack Dorsey Leads $6.2M OCEAN Funding Round to Decentralize Bitcoin Mining
On Nov. 28, Mummolin announced that it had raised $6.2 million in seed funding led by Jack Dorsey for its new initiative called OCEAN, which aims to decentralize Bitcoin mining.…
CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place
MicroStrategy co-founder Michael Saylor and Cathie Wood, the founder and CEO of ARK Investment Management, complete the top 5 rankings for most followed crypto entrepreneurs on social media.
CZ, Buterin, and More: These Are the Most Popular Names in Crypto (Study)
The crypto space is constantly evolving, with new ideas and projects emerging now and then. The steady growth is attracting more people and, in turn, giving top names in the…
Jack Dorsey’s Block (SQ) Jumps 12% After Bitcoin Revenue Surges In Q3
Shares for Jack Dorsey’s fintech giant Block (SQ) surged by 12% to $49.19 on Friday after the company published bullish third-quarter earnings figures a day prior. That includes increased Bitcoin…