Square CEO Dorsey says looking to build a bitcoin mining system – tweet – Reuters

Square CEO Dorsey says looking to build a bitcoin mining system – tweet – Reuters

Oct 15 (Reuters) - Square Inc (SQ.N) Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses.

This would add to Square's existing bitcoin-focused projects including a business to build an open developer platform, as well as a hardware wallet for the cryptocurrency. (https://reut.rs/3plRcbh)

"If we do this, we'd follow our hardware wallet model: build in the open in collaboration with the community," Dorsey said in a tweet.