HomeNewsBlock Hires Kristy-Leigh Minehan as Chief Product Officer

Block Hires Kristy-Leigh Minehan as Chief Product Officer


Reading Time: 2 minutes
Block Hires Kristy-Leigh Minehan as Chief Product Officer
Photo Credit: cryptobriefing.com

Block’s unique hire would seem to signal a pivot toward cryptocurrency mining.

Key Takeaways

  • Crypto OG Kristy-Leigh Minehan is becoming a member of Block as their Chief Product Officer.
  • Minehan’s expertise in crypto mining is identified worldwide; she is most famed for proposing and advocating for ProgPow, an upgrade that will be pleased made Ethereum’s Proof-of-Work mechanism resistant to ASIC machines.
  • Her latest hire indicates Block’s hobby in coming into the crypto mining commercial.

Block, Inc. has employed world-smartly-known blockchain know-how and cryptocurrency mining professional Kristy-Leigh Minehan as its unique Chief Product Officer.

A Crypto OG

Kristy-Leigh Minehan is becoming a member of Block, Inc. as its unique Chief Product Officer.

Minehan will be tasked with building out Block’s cryptocurrency mining products, including Utility-Enlighten Built-in Circuit (ASIC) miners.

ASIC miners are hardware devices particularly and single-mindedly designed to mine Proof-of-Work cryptocurrencies equivalent to Bitcoin; they give extra hashrate and are extra energy-efficient than Graphics Processing Units (GPUs).

READ MORE:   In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report

Minehan has a rich history with crypto mining. Having entered the crypto residence as early as 2010, she used to be Director of Skills at Genesis Mining and Chief Skills Officer for Core Scientific, and the founding father of The Minority Community as smartly. She has been serving as a Technical Advisor to each and each Valkyrie Funds and Merkle Long-established.

Minehan is furthermore infamous for co-developing and advocating for ProgPow, a highly contentious proposed upgrade to the Ethereum community which would be pleased to view GPU miners prevail in an advantage over ASIC rigs.

“Her work within the fields of semiconductor engineering, hardware acceleration, files center infrastructure, and design scalability had been identified globally, with Minehan’s advice being frequently sought after by blockchain and synthetic intelligence leaders.”

Block (previously Square, Inc.) is a publicly-traded firm founded by Twitter co-founder and ragged CEO Jack Dorsey. Previously a payments platform aimed to advantage exiguous and medium firms receive credit card payments, the firm’s center of attention pivoted in direction of Bitcoin and blockchain know-how closing December. Dorsey has announced a conception to originate a Bitcoin hardware wallet. The firm stock for the time being trades at $83.10.

READ MORE:   U.S. Representative Under Ethics Investigation for Crypto Activities

Disclaimer: This article is for informational capabilities only. It is no longer an immediate offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any merchandise, services, or companies. We no longer provide funding, tax, neatly suited, or accounting advice. Neither the corporate nor the author is guilty, straight or no longer straight, for any injury or loss precipitated or speculated to be precipitated by or in connection with the usage of or reliance on any insist, items, or services mentioned in this text.

Most Popular