My ideal goal is to get dedicated bitcoin mining or at least a wallet/payment system for my nonprofit, but we may be a ways away from that. We are a 501(c)(3), but as a workforce board we also deal with a lot of public funds, so it’s a bit tricky navigating that and bitcoin at the moment.
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Mi Primer Bitcoin and New Story have (or are working forward) receiving hashrate donations from miners. Essentially a hashrate donation is a pledge of X amount of hash power for Y amount of time. Miners can also donate ASICs and this go from donating satsflow to donating cash flowing assets.
It's a tough time to fundraise from miners who are out there fighting for their lives, but the idea of hashrate donations or ASIC donations is one that I think can really help nonprofits get out from under the business model that necessitates wealthy cantillionaires to fund it in the first place.
Yeah and we’ve chatted about that before 😉 I agree!
