Jack Dorsey is preparing to create panic in the world of Cryptocurrency, now you will be able to do Bitcoin mining sitting at home

Jack Dorsey tweeted that his company Block is working on the open bitcoin mining system. Jack resigned as the CEO of Twitter in November 2021.

Square is working towards Blockchain technology.

Cryptocurrency Jack Dorsey, former CEO of Twitter, was a big supporter ofJack Dorsey) has prepared for a bang entry in the world of digital currency. Dorsey, the founder of Block (formerly Square), said that they are working on an open bitcoin mining system (Jack Dorsey on open bitcoin mining system). He has tweeted this information. Jack Dorsey made a tweet on 16 October 2021. In this tweet, he said that Square is working on an open bitcoin mining system. We have decided to go ahead with this project. Jack Dorsey had decided to resign as the Chief Executive Officer (CEO) of Twitter in November 2021.

Square is a financial services company currently in payments business. This company wants to expand its business in blockchain technology. Square’s general manager Thomas Templeton has given information about the company’s plan by tweeting. He said that we want to make bitcoin mining more distributed and efficient. It is our endeavor to make the tasks like buying, mining, maintenance of cryptocurrencies very easy. The company believes that blockchain technology is the future of tomorrow.

Dorsey is a longtime supporter of cryptocurrency

Jack Dorsey is one of the longtime supporters of bitcoin. They not only promote it, but they also have holdings in digital currency. In August 2021, Dorsey also said that he was trying to mine bitcoin himself. He also expressed his displeasure that bitcoin mining is not available to everyone and said that such a system is necessary in which everyone can mine bitcoin.

bitcoin at $42700

At 10.25 in the morning, bitcoin was trading at the level of $ 42771. In the last 24 hours, it had reached the highest level of $ 44418, while the lowest level is $ 42349. The cryptocurrency market is currently a little over $2 trillion. There was a time in 2021 when the market cap of cryptocurrencies crossed $3 trillion. At that time the rate of bitcoin was beyond 65 thousand dollars.

read this also, United Nation estimates, India’s growth rate this fiscal year will be only 6.5%, earlier it was estimated at 8.4 percent

read this also, Is Pakistan following the path of China? Preparing to Ban Cryptocurrency, Central Bank has suggested

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