- Dorsey to fund solar-powered BTC mining facility with $5 million
- Solving BTC mining environmental concern
- Jack Dorsey’s other plans for BTC
Blockstream chief information officer Chris Cook announced the collaborative partnership on Saturday, noting that they want to build the open-sourced mining facility at one of Blockstream’s United States operations.
Updates as to how the project comes along would be made public via a public performance dashboard where anyone can be able to pull real-time metrics of the mining facility.
Solving Bitcoin environmental issues
Also, Tesla CEO Elon Musk and MicroStrategy’s Michael Saylor brokered a truce with the Bitcoin mining community last month. Miners and the heavy-weight investors emerged out of the meeting, with miners vowing to accelerate sustainability initiatives.
Jack Dorsey other plan for Bitcoin
Jack Dorsey’s Square has dedicated itself to entering the crypto market with a Bitcoin hardware wallet. These external wallets renew security in the crypto market so investors can store their cryptocurrencies without fear.
Dorsey, while speaking, said that the company could launch a hardware wallet before the end of the year or leave the project for the next few months.