jack

@jack ↗

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Last Checked Dec. 21, 2021

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Fri Oct 15 20:29:39 +0000 2021

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jack @jack

1/Mining needs to be more distributed. The core job of a miner is to securely settle transactions without the need for trusted 3rd parties. This is critical well after the last bitcoin is mined. The more decentralized this is, the more resilient the Bitcoin network becomes. True? — PolitiTweet.org

Posted Oct. 15, 2021

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jack @jack

Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions. — PolitiTweet.org

Posted Oct. 15, 2021

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jack @jack

2/Mining needs to be more efficient. Driving towards clean and efficient energy use is great for Bitcoin’s economics, impact, and scalability. Energy is a system-level problem that requires innovation in silicon, software, and integration. What are the largest opportunities here? — PolitiTweet.org

Posted Oct. 15, 2021