Jack Dorsey’s payments company Block (formerly Square) is going to start mining for bitcoin. In a string of tweets, Block’s general manager for hardware, Thomas Templeton, laid out the company’s plans for next steps. Templeton says the goal is to make bitcoin mining — the process of creating new bitcoins by solving increasingly complex computational problems — more distributed and efficient in every way, “from buying, to set up, to maintenance, to mining.” The idea of making the mining process more accessible has to do with more than just creating new bitcoin, according to Templeton. Instead, he says the company sees ... (full story)