Block job postings reveal Jack Dorsey’s Bitcoin plans

In
two
recent
job
postings
on
LinkedIn,
Jack
Dorsey’s
Block
(formerly
Square)
revealed
the
group’s
plans
to
develop
“the
next
generation
of
mining
ASIC”
and
make
a
hardware
wallet
for
the
next
100
million
Bitcoin
(BTC)
users.

The
two
roles
are
based
at
Block’s
headquarters
in
San
Francisco
and
were
added
to
the
job
posting
platform
in
the
past
24
hours.

For
the
role
of
the
custom
digital
design
lead,
the
candidate
will
help
“silicon
validation
of
the
ASIC
and
its
prototype.”
An
ASIC
is
a
small
machine
that
can
be
used
for
Bitcoin
mining
and
is
considered

the
best
option
for
Bitcoin
network
security
. The
new
job

posting

confirms
that
Block
sets
out
to
develop
purpose-built
ASICs
for
BTC
mining.

The
second
vacancy
is
for
the
hardware
wallet’s
global
fulfillment
and
logistics

lead
.
At
the
job’s
core
is
“bringing
easy-to-use,
reliable
self-custody
to
a
global
audience.”
Ultimately,
Block
seeks
to
distribute
its
hardware
wallets
to
over
100
countries.

The
news
aligns
with
Dorsey’s

announcements
made
in
2021
.
Back
when
Block
was
called
Square,
Dorsey

tweeted
,
“Square
is
considering
building
a
Bitcoin
mining
system
based
on
custom
silicon
and
open
source
for
individuals
and
businesses
worldwide.”

Back
in
July,
Square
claimed
to
be

developing
an
“assisted
custody”
BTC
hardware
wallet
.
It
appears
the
plans
are
now
coming
together.

Block
is
the
holding
name
for
Square,
CashApp,
Spiral,
Tidal
and
TBD54566975.
Tidal music
streaming
service
aside,
each
company
is
dedicated
to
furthering
Bitcoin
adoption
and
economic
empowerment.

Among
Block’s
suite
of
companies,
there
are
650
jobs
available
around
the
world.
For
Block,
there
are
several
live
listings
for
state
public
policy
leadership

positions

across
the
United
States
as
well
as
the
two
aforementioned
product-related
roles.

Since
stepping
down
as
CEO
of
Twitter,
Dorsey
has
been
vocal
in
his
support
for
Bitcoin
while

outspoken
in
his
opposition
to
Web3
 —
sometimes
with
varying
results.
Following
a
series
of
well-aimed
tweets,
he
was
stuck
between
a
block
and
a
hard
place
after
he
had tweeted
that
venture
capitalists
own
Web3.
Marc
Andreessen,
CEO
of
Andreessen
Horowitz,
swiftly

blocked

him.

However,
he
is
also
winning
over
NBA
stars,
including

NBA
champion
Andre
Iguodala

and
Klay
Thompson,
who
will
receive
some
of
their
salaries
in
Bitcoin
using
Block’s
Cash
App. 

read original article here