Tags : Square

Bitcoin

Jack Dorsey’s Square has ‘no plans’ to purchase more Bitcoin

Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday. “We don’t have any plans at this point to make further [Bitcoin] purchases. There […]Read More

Bitcoin

Square says Bitcoin mining is “key to clean energy future”

Bitcoin mining farms and renewable energy facilities can greatly help each other to create an “abundant, clean energy future,” according to a joint research report published by payments company Square and asset manager Ark Invest yesterday. Today is the day we turned the tables on the bitcoin energy debate: https://t.co/QjUzqmuCSS pic.twitter.com/gfd3lw9RhD — Miles Suter (@milessuter) […]Read More

Blockchain

Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software

Square Crypto’s latest grant will fund a Bitcoin developer’s work on software that could improve how mining collectives pool hash power. Pseudonymous developer Fi3 (@piccioneLibero2 on Twitter, or “free pigeon”) will receive an undisclosed sum to work on an implementation of Stratum V2, the next iteration of a Bitcoin mining protocol software developed by Braiins.  […]Read More