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Twitter CEO Jack Dorsey Partners With Blockstream

Published 06/09/2021, 06:30 AM
Twitter CEO Jack Dorsey Partners With Blockstream

  • Square and Blockstream team up to build a solar-driven Bitcoin mining facility.
  • Blockstream is providing the infrastructure and expertise to build the project.
  • The Bitcoin mining facility will be built on Blockstream’s mining site in the U.S.

Jack Dorsey, Twitter’s CEO and Square’s Chairman, teams up with Blockstream to build a solar-driven Bitcoin mining facility. Amidst the concern over Bitcoin’s high energy consumption, Square and Blockstream joined hands to build a Bitcoin mining facility on a Blockstream mining site in America.

It can be recalled, Elon Musk triggered a market crash when he announced that Tesla (NASDAQ:TSLA) would suspend vehicle purchases using Bitcoins, citing environmental concerns. In a tweet this June 5, Blockstream said it is ‘to demonstrate how Bitcoin mining and renewables can drive the clean energy...

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