Block, Inc.’s Square has auto-enabled roughly 1 million U.S. merchants to accept Bitcoin payments via the Lightning Network, letting customers pay in BTC while merchants automatically receive USD settlements with near-instant conversion in the background.
Jack Dorsey urged Coinbase CEO Brian Armstrong to confirm support for de minimis relief on Bitcoin payments, following reports the exchange favors stablecoins-only treatment.
Square announced Square Bitcoin today, designed to let small businesses accept Bitcoin payments, hold it in a built-in wallet, or automatically convert part of their sales into Bitcoin.
Block Inc., led by Jack Dorsey, partners with Core Scientific to introduce the Proto Rig, a modular Bitcoin mining system designed for seamless upgrades and lower maintenance costs, targeting Bitmain's 80% market monopoly.
Block unveils Proto Rig, a modular, repairable bitcoin miner, and Proto Fleet, free open-source fleet management software, in a push to decentralize mining.