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EngadgetOct 15, 2021
Jack Dorsey says Square is ‘considering' building a Bitcoin mining system
Jack Dorsey says that Square is "considering" building its own Bitcoin mining system using custom silicon and open source software. "Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide," Dorsey wrote in a Twitter thread Friday.

He added that such a project would follow a similar approach as the bitcoin hardware wallet Square began working on earlier this summer. But building a mining system would be considerably more complicated for the payments company than simply building a wallet. Creating custom chips is, as Dorsey points out, "very expensive," and would be new territory for the payments company, which has been a major supporter of Bitcoin.

"Mining needs to be more efficient," Dorsey wrote. "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."


Computer World Security NewsMay 18, 2021
Here's what you can do about ransomware
Last week, people in my neck of the woods, North Carolina, went into a panic. You couldn't get gasoline for love or money. The root cause? Colonial Pipeline, a major oil and gas pipeline company, had been hit by a major ransomware attack. With four main fuel pipelines shut down, people throughout the southeast U.S. lined up at gas stations for every drop of gas they could get.

You may not believe that ransomware is a serious threat. But I and most everyone else in the southeast? We believe.

To read this article in full, please click here


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