Tag: Square founder

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Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’

December 3, 2021

Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many associated meanings” including the term “blockchain.” Square Changes Name to ‘Block’ — Square Crypto Rebrands to ‘Spiral’ On Wednesday, Square…
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Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’

October 16, 2021

Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom silicon.” Square Considers Building a Mining System On the same day…
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