November 26, 2022

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Weekend news – Fintech firm Square to build an open-source, solar-powered bitcoin mining facility

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Square will partner up with blockchain technology provider Blockstream Mining

Square says its committed to driving further adoption and efficiency of renewables within the bitcoin ecosystem

  • will invest $5m in the facility
  • to be a “proof-of-concept for a 100% renewable energy Bitcoin mine at scale”
  • “We hope to show that a renewable mining facility in the real world is not only possible but also prove empirically that Bitcoin accelerates the world toward a sustainable future”¬†
Square will partner up with blockchain technology provider Blockstream Mining

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