BTC $78,848.27 -0.67%
ETH $2,497.75 -0.15%
BNB $754.69 +1.70%
XRP $1.42 +1.04%
SOL $103.75 -0.41%
TRX $0.3391 +1.35%
DOGE $0.0900 -1.05%
ADA $0.2191 -1.17%
BCH $258.33 -1.36%
LINK $12.48 -2.26%
HYPE $85.56 +0.43%
AAVE $129.19 -2.57%
SUI $0.8158 -1.55%
XLM $0.1880 -2.71%
ZEC $1,182.17 +2.62%
BTC $78,848.27 -0.67%
ETH $2,497.75 -0.15%
BNB $754.69 +1.70%
XRP $1.42 +1.04%
SOL $103.75 -0.41%
TRX $0.3391 +1.35%
DOGE $0.0900 -1.05%
ADA $0.2191 -1.17%
BCH $258.33 -1.36%
LINK $12.48 -2.26%
HYPE $85.56 +0.43%
AAVE $129.19 -2.57%
SUI $0.8158 -1.55%
XLM $0.1880 -2.71%
ZEC $1,182.17 +2.62%

Jack Dorsey: Block's involvement in mining is to ensure the security of the Bitcoin network

2024-05-22 23:18:04

ChainCatcher news, Jack Dorsey responded to the reason why Block is venturing into the Bitcoin mining hardware space, stating: "The reason we are building this system is that it ensures network security. This is not just about mining new bitcoins, but about verifying transactions. If we have a secure network, we have secure money. Secure money is something that people trust. Businesses can trust it. People can trust it."

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