Crypto News: Twitter to Build a Bitcoin Mining System for Everyone



Published
Crypto News Source: www.knowledgegapexpert.com
How to Make Huge Profits Trading Crypto: https://bit.ly/3GeN42D
Binance Link to get $25 when you sign up:
https://bit.ly/3eW8Igz

Crypto News: Twitter to Build a Bitcoin Mining System for Everyone

American Billionaire and founder of Square, owner of Twitter, Jack Dorsey, has taken to Twitter to announce his plans to build a bitcoin mining system that would cater for everyone.

According to him,

“Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. The more decentralized this is, the more resilient the Bitcoin network becomes.”

This system promises to improve the accessibility of mining bitcoin to individuals, which will further promote the decentralization of bitcoin mining. Bitcoin mining centralization has been one of the major sources of criticism of cryptocurrency.

He continued by saying,

“Mining isn’t accessible to everyone. Bitcoin mining should be as easy as plugging a rig into a power source. There isn’t enough incentive today for individuals to overcome the complexity of running a miner for themselves.”

Square bought $170million more of Bitcoin in February of this year.

Tags: bitcoin crypto currency crypto mining Jack Dorsey news square twitter
crypto news,crypto,cryptocurrency news,crypto news today,bitcoin news,latest crypto news,cryptocurrency news today,doge latest news,dogecoin latest news,bitcoin news today,news,cryptocurrency ban in india latest news,fast crypto news,crypto news india,crypto news today hindi,crypto india news,crypto crash news,crypto crash news today,dogecoin news today,latest cryptocurrency news,cryptocurrency latest news,crypto news alert
bitcoin mining,bitcoin,mining bitcoin,mining,bitcoin news,bitcoin mining explained,bitcoin mining farm,bitcoin mining 2021,what is bitcoin mining,bitcoin price,how to mine bitcoin,crypto mining,gpu mining,china bitcoin mining,bitcoin mining profitability,bitcoin analysis,ethereum mining,mining farm,situs mining bitcoin tanpa deposit,bitcoin trading,btc mining,cryptocurrency mining,bitcoin mining rig,legit bitcoin mining site
Category
Cryptocurrency Mining
Be the first to comment