Business

Jack Dorsey says Block is building a bitcoin mining system so that anyone can easily buy a rig

4 days ago   |   By Business Insider

Jack Dorsey onstage at a bitcoin convention in June. Joe Raedle/Getty Images
Jack Dorsey confirmed Thursday that Block is building a bitcoin mining system, after flagging the idea in October.
As part of the project, Block is looking at how to make it easy for anyone, anywhere to buy a mining rig.
It's a step forward in Block's crypto ambitions, after CEO Dorsey shifted focus on leaving Twitter.
Block is going ahead with building a bitcoin mining system that will be open to individuals and businesses worldwide, its CEO Jack Dorsey confirmed late Thursday. As part of the project, the digital...
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Anthony Scaramucci says he's not buying the dip in bitcoin as he expects more 'sloppiness' and volatility

4 days ago   |   By Business Insider

Former Trump White House communications director Anthony Scaramucci is a big bitcoin investor. AP Photo/Pablo Martinez Monsivais, File
Anthony Scaramucci has said he's not buying the dip in bitcoin after its sharp fall to around $42,000.
The SkyBridge Capital CEO told CNBC that he sees more "sloppiness" and volatility ahead for the token.
Scaramucci has recommended buying the dip in the past, but investors are uncertain about bitcoin in 2022.
SkyBridge Capital CEO Anthony Scaramucci has said he's not buying the dip in bitcoin after it tumbled to near $40,000, saying he expects more...
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