Block will hire specialists to develop its mining and hardware wallet businesses

Jack Dorsey’s company is looking for a test hub lead, product specialists, and developers

24.10.2022 - 06:45

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What’s new? Jack Dorsey’s Block (formerly Square) company is looking for heads of mining, communications, and partnerships. The team develops bitcoin mining ASIC, as well as rig and related systems, software and infrastructure, according to the announcement of the hiring of a test hub lead. The test hub will be used to host mining equipment, as well as testing hardware and software and overall operational issues.

Information on the LinkedIn website

What other jobs are open? Block needs product specialists and engineers “to develop the next generation of mining ASIC,” as well as build its first cryptocurrency mining rig and future product lines related to this area.

In addition, Dorsey’s company has also posted several job openings related to cryptocurrency wallet development. Block introduced its bitcoin hardware wallet this spring. In March, the company announced that its primary authentication mechanism would be a fingerprint.

What is known about Block? This is a US technology company founded in 2009 by Jim McKelvey and Twitter founder Jack Dorsey. It conducted its initial public offering (IPO) in November 2015. Block’s securities are traded on the US Nasdaq stock exchange under the ticker SQ. As of October 24, the price per share is $55,99, adding 1,52% in 24 hours, according to investing.com.

In April, Block and Blockstream (also owned by Dorsey) began cooperating with Tesla to build a cryptocurrency mining data center in Texas. Blockstream CEO Adam Back said that the project would prove it was possible to mine cryptocurrencies from renewable energy sources.

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