Jack Dorsey, co-founder and former CEO of Twitter, has shifted his focus to the crypto world, specifically Bitcoin. He is also the CEO of Block (formerly Square), which recently integrated a crypto wallet within its Cash App and is now developing a new special hardware for mining Bitcoin.

The launch of this hardware is rumored to take place in early 2024, and it may tap into a growing demand for mining hardware, especially in light of the upcoming halving. Dorsey is a Bitcoin maximalist who believes in the decentralization of finance and considers Bitcoin to be the only truly decentralized crypto project.