Jack Dorsey’s Block to form a team to develop a next-generation ASIC Bitcoin miner (formerly Square)

Block (formerly Square), Jack Dorsey’s company, opened vacancies in teams developing a next-generation ASIC miner and a hardware wallet for the next 100 million Bitcoin users. This is stated in the relevant section on the site.

Two positions are open at the company’s headquarters in San Francisco. The candidate for the role of lead digital-design engineer will have to participate in the development of a device for mining the first cryptocurrency.

The second vacancy entails the role of head of logistics. The employee’s duties include creating and implementing a hardware wallet supply strategy, which “will be distributed in more than 100 countries”.

“Our goal is to expand economic opportunities, starting with providing a simple-to-use and reliable self-service system for a global audience,” the announcement said.

Regarding the possibility of creating a hardware wallet Dorsey said in June 2021. A month later, Jesse Dorogusker, head of the hardware product development department at the payments company, confirmed these plans.

In October, Dorsey said that Block is considering the possibilityof creating a Bitcoin mining device with open-source code.

Earlier, the company invested in the first cryptocurrency $50 million and $170 million of its own capital.

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