Jack Dorsey’s payments company, Square, has teamed up with Blockstream, the Bitcoin technology firm behind the Liquid Network, to launch a renewable Bitcoin mining project.
Square is sponsoring a solar-powered mining project at a Blockstream mining farm site in the U.S. It announced the project at the Bitcoin 2021 Conference in Miami on Saturday.
Square plans to create a public dashboard for the farm, which will serve as a “transparency case study” for Bitcoin mining and renewable energy.
“As we continue to explore the synergies between the two, we’re excited to share our ongoing learnings and real world data points,” Square tweeted on June 5. The project will form part of the company’s wider Bitcoin Clean Energy Initiative.
Together, we’ll be creating a public-facing dashboard to serve as a transparent case study for renewable energy and bitcoin mining. As we continue to explore the synergies between the two, we’re excited to share our ongoing learnings and rea
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