Block on Hiring Spree for Bitcoin Mining, Wallet Hardware Businesses

Block, a payments company, has posted multiple job openings in its wallet hardware and bitcoin mining businesses.

According to LinkedIn job postings, the company has job openings for heads of Bitcoin mining policy and communications as well as partnerships.

Square was once known before the company was launched in 2009. It specializes in in-person payments as well as its card reader which allows people to accept credit cards on their smartphones.

Square was the company’s new name. It was created by Jack Dorsey, CEO of Square. BlockchainMusic, cash transfers, and other services

Block posted a Saturday job advertisement for a “test-hub lead” on Saturday. The firm stated that its mining team develops “bitcoin miners ASIC and bitcoin mining rigs, as well as associated software and infrastructure.”

According to the posting, the test hub will host Block’s mining hardware. It will also be used for testing the hardware and software as well as the overall operational issues (power and cooling, dust, restarts, performance monitoring, connectivity pool), of the mining system.

There are also job opportunities in the product and engineering department. These workers will be responsible for “developing the next generation mining ASIC”, as well as building its “first mining equipment” and future mining equipment product lines.

Additionally, there are many other positions open in wallet design. 

Block has revealed its Bitcoin hardware wallet since spring.

According to a January report from CNBC, Block’s general manager for hardware, Thomas Templeton, outlined the company’s Bitcoin mining goals.

He tweeted, “common issues we’ve heard with current systems are heat dissipation and dust. They also cease to function almost daily, which can lead to a lengthy reboot. We want it to work.

Block’s move into mining came at a crucial time for the sector. Companies have been struggling with profit margins for the past few months as bitcoin’s value has dropped and energy prices have risen along with the global hash rate.

Source: Twitter

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