Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Monero Forum => Privacy Coins Forum => Monero News & Updates => Topic started by: Nostoman on June 09, 2020, 04:26:57 PM
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A software program that mines Monero to bail people out of jail has seen an uptick in use as protests over the police killing of George Floyd continue across the U.S. The software is called Bail Bloc and runs in the background of your computer, passively generating Monero that is then distributed to bail funds.
“I noticed a 20% increase in our hashrate this week as opposed to last week,” Grayson Earle, who developed the Bail Bloc software, said in an email.
“We are dedicated as a project and as individuals to the movement for black lives, and feel that the urgency of the situation requires direct action and people should direct resources to organizations on the ground that can respond rapidly.”
The hash rate is the measure of how quickly the cryptographic calculations for mining are executed. The Bail Bloc hash rate is currently 94.5 KH/s, according to Earle.
Read here: https://www.coindesk.com/monero-for-bail-project-sees-increased-demand-during-protests