Jack Dorsey’s fintech Block has released its latest Bitcoin product: a long-lasting mining rig with swappable parts, which will enable miners to …
Dorseys
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Mining
Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software
by shayaanby shayaanKey Takeaways Block positions its Proto Rig as a durable, repairable, and upgradeable alternative to today’s “disposable” mining machines. Proto Fleet will …
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Key Takeaways Block’s Proto Mining will launch new Bitcoin mining chips next week to democratize mining. Block’s Cash App platform shows strong …
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Scams
Jack Dorsey’s Block Adds 108 Bitcoin in Q2, Posts Higher Revenue and Profit
by shayaanby shayaanIn brief Block purchased 108 BTC during Q2 with a cost basis of $11 million. Its total bitcoin investment is now valued …
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Block Inc. (NYSE: XYZ), an American tech company founded by Jack Dorsey and best known for the creation of Cash App, will …
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Regulation
Jack Dorsey’s Block Settles With New York Regulator for $40,000,000 Over Alleged Cash App Crypto Compliance Issues
by shayaanby shayaanThe digital payments company co-founded by Jack Dorsey has settled with the New York state financial regulator amid alleged compliance issues with …
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Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and …
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Mining
Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
by shayaanby shayaanJack Dorsey’s payment firm Block (SQ) plans a renewed focus on building equipment for bitcoin (BTC) miners and its self-custody crypto wallet, …