Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin (BTC) business slumped on decreased customer de...

Jack Dorsey-Led Payments Company Block is Developing Open-Source Permissionless Mining Infrastructure

Thomas Templeton, Block’s hardware head, notified the Twittersphere of the deliberations taking place at Block regarding the development of a completely permissionless open-source mining solution. Blo...