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Block Hires Former Argo CTO To Develop Bitcoin Mining Division

Chiagoziem Bede Ikwueze
Written by:
Chiagoziem Bede Ikwueze
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Chiagoziem Bede Ikwueze
Block Hires Former Argo CTO To Develop Bitcoin Mining Division
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Block Inc. has employed the services of Perry Hothi, the former chief technology officer at Argo Blockchain PLC. He was hired to assist in developing Block’s Bitcoin mining division. 

A Bloomberg reporter, David Pan, made this known in a tweet.

The payment processing company, formerly Square, has been searching for veterans from crypto mining services companies to grow its mining division.



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Block co-founder, Jack Dorsey, announced this in a tweet in October 2021. He stated that the company was looking to build a Bitcoin mining system based on custom silicon and open source for individuals and businesses.

This led to the hiring of experts like Hothi. The former vice president of Poolin, Alejandro De La Torre, also joined Block in August. 

Hothi will be in charge of advising the new unit. He will also create various initiatives, which include designing a Bitcoin mining rig, its integration within the wallet, and mining services for energy management. 

The initiative will also aim to make the Bitcoin mining sector more decentralized. 

This new move by Block is one of its latest effort to provide crypto-centric services. In addition to growing its Bitcoin mining division, it plans to develop its hardware Bitcoin wallet. Block partnered with Blockstream Corporation to build a Bitcoin mining facility with Tesla’s solar-powered battery in Texas.

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Chiagoziem Bede Ikwueze
Written by:
Chiagoziem Bede Ikwueze
Co-Founder & CEO

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

About the Author

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

About the Author
Chiagoziem Bede Ikwueze
Reviewed by:
Chiagoziem Bede Ikwueze
Writer

Block Hires Former Argo CTO To Develop Bitcoin Mining Division

Block has hired a former Argo CTO, Perry Hothi, to assist in developing its Bitcoin mining division. This move by Block is part of its effort to provide crypto-centric services for its users.
Crypto Mining
Dot
April 7, 2025
Chiagoziem Bede Ikwueze

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

in
TABLE OF CONTENTS
Perry Hothi; Photo Source: Argo Blockchain

Block Inc. has employed the services of Perry Hothi, the former chief technology officer at Argo Blockchain PLC. He was hired to assist in developing Block’s Bitcoin mining division. 

A Bloomberg reporter, David Pan, made this known in a tweet.

The payment processing company, formerly Square, has been searching for veterans from crypto mining services companies to grow its mining division.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Block co-founder, Jack Dorsey, announced this in a tweet in October 2021. He stated that the company was looking to build a Bitcoin mining system based on custom silicon and open source for individuals and businesses.

This led to the hiring of experts like Hothi. The former vice president of Poolin, Alejandro De La Torre, also joined Block in August. 

Hothi will be in charge of advising the new unit. He will also create various initiatives, which include designing a Bitcoin mining rig, its integration within the wallet, and mining services for energy management. 

The initiative will also aim to make the Bitcoin mining sector more decentralized. 

This new move by Block is one of its latest effort to provide crypto-centric services. In addition to growing its Bitcoin mining division, it plans to develop its hardware Bitcoin wallet. Block partnered with Blockstream Corporation to build a Bitcoin mining facility with Tesla’s solar-powered battery in Texas.

Block
Argo Blockchain
Bitcoin Mining
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Crypto Mining
October 26, 2022

Block Hires Former Argo CTO To Develop Bitcoin Mining Division

HomeCrypto Mining
Blog Post
Contents
Perry Hothi; Photo Source: Argo Blockchain

Block Inc. has employed the services of Perry Hothi, the former chief technology officer at Argo Blockchain PLC. He was hired to assist in developing Block’s Bitcoin mining division. 

A Bloomberg reporter, David Pan, made this known in a tweet.

The payment processing company, formerly Square, has been searching for veterans from crypto mining services companies to grow its mining division.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Block co-founder, Jack Dorsey, announced this in a tweet in October 2021. He stated that the company was looking to build a Bitcoin mining system based on custom silicon and open source for individuals and businesses.

This led to the hiring of experts like Hothi. The former vice president of Poolin, Alejandro De La Torre, also joined Block in August. 

Hothi will be in charge of advising the new unit. He will also create various initiatives, which include designing a Bitcoin mining rig, its integration within the wallet, and mining services for energy management. 

The initiative will also aim to make the Bitcoin mining sector more decentralized. 

This new move by Block is one of its latest effort to provide crypto-centric services. In addition to growing its Bitcoin mining division, it plans to develop its hardware Bitcoin wallet. Block partnered with Blockstream Corporation to build a Bitcoin mining facility with Tesla’s solar-powered battery in Texas.

Block
Argo Blockchain
Bitcoin Mining
Chiagoziem Bede Ikwueze

Chiagoziem has gathered a wealth of experience, having worked for many prominent crypto-based businesses, including Revain, Whiteboard Crypto, DeRev, The Crypto Cartel, Crypto News, MoneySwitch, Full Value Dan, and Bitcompare. Over the past couple of years, his works have been featured in many publications and places. When he is not writing, he spends time working on his other digital businesses, playing video games, reading books, watching movies, and most importantly, enjoying quality time with loved ones.

in

Block Inc. has employed the services of Perry Hothi, the former chief technology officer at Argo Blockchain PLC. He was hired to assist in developing Block’s Bitcoin mining division. 

A Bloomberg reporter, David Pan, made this known in a tweet.

The payment processing company, formerly Square, has been searching for veterans from crypto mining services companies to grow its mining division.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

Block co-founder, Jack Dorsey, announced this in a tweet in October 2021. He stated that the company was looking to build a Bitcoin mining system based on custom silicon and open source for individuals and businesses.

This led to the hiring of experts like Hothi. The former vice president of Poolin, Alejandro De La Torre, also joined Block in August. 

Hothi will be in charge of advising the new unit. He will also create various initiatives, which include designing a Bitcoin mining rig, its integration within the wallet, and mining services for energy management. 

The initiative will also aim to make the Bitcoin mining sector more decentralized. 

This new move by Block is one of its latest effort to provide crypto-centric services. In addition to growing its Bitcoin mining division, it plans to develop its hardware Bitcoin wallet. Block partnered with Blockstream Corporation to build a Bitcoin mining facility with Tesla’s solar-powered battery in Texas.

Written by
Chiagoziem Bede Ikwueze
Block
Argo Blockchain
Bitcoin Mining

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