Square CEO Jack Dorsey is considering developing a Bitcoin mining system for individuals and businesses based on custom silicon and open source. Following Jack Dorsey's Announcement of Bitcoin Mining Plans Bitcoin has gained another 5% to surpass $62,000 levels, bringing it even closer to it's all-time high. BTC is currently trading 4.53 percent higher at $62,101, with a market cap of $1.16 trillion as of press time.