Jack Dorsey, Billionaire CEO of Square and Twitter, Is Mining Bitcoin

Jack Dorsey, Billionaire CEO of Square and Twitter, Is Mining Bitcoin


Jack Dorsey announced Tuesday that he is mining Bitcoin, using a third-party service that hosts the equipment necessary for him to help secure the network and compete for its rewards.

First surfacing in reply to a tweet, he revealed he has signed up for Compass Mining, a startup that is seeking to broaden participation in Bitcoin mining, disrupting an industry now dominated by large data centers.

User @kitt_andrew wrote:

“As a Bitcoin enthusiast for years I can’t believe it’s taken me this, long but I’ve finally pivoted my business to get into the mining space thanks to @compass_mining. I couldn’t be more excited, and can’t wait until Feb when they fire the first one up.”



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