Twitter and Square CEO Jack Dorsey says he is 'trying' bitcoin mining. (via CNBCMakeIt)
is mining it, too. "I'm trying mining with @compass_mining," Dorsey tweeted on Tuesday.
Compass Mining is a service that hosts, supplies and operates cryptocurrency mining rigs for individual miners who do not want to worry about purchasing and maintaining mining equipment themselves.model, where miners must compete to solve complex puzzles in order to validate transactions. The process isn't easy: It requires a lot of energy and computer power, which isn't cheap. The computers themselves, along with other equipment, can also be very expensive. (Some critics say the process of mining
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