{"id":32721,"date":"2020-12-02T16:07:58","date_gmt":"2020-12-02T14:07:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32721"},"modified":"2025-08-28T10:07:50","modified_gmt":"2025-08-28T07:07:50","slug":"bitmain-ends-funding-for-bitcoin-core-developers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitmain-ends-funding-for-bitcoin-core-developers\/","title":{"rendered":"Bitmain ends funding for Bitcoin Core developers"},"content":{"rendered":"<p>The cryptocurrency mining equipment manufacturer Bitmain has halted funding for several developers involved in the Bitcoin ecosystem, according to Bitcoin Core developer Jonas Schnelli.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Today, I lost my sponsorship.<\/p>\n<p>After more than 3 years, Bitmain decided to halt funding Bitcoin Core developers (also Joao Barbosa\/promag).<\/p>\n<p>Thanks Bitmain for all the help (despite the disagreement we had)!<\/p>\n<p>Help me to continue my work on Bitcoin Core<a href=\"https:\/\/t.co\/5FeGoB76j8\">https:\/\/t.co\/5FeGoB76j8<\/a><\/p>\n<p>\u2764\ufe0f<\/p>\n<p>\u2014 Jonas Schnelli (@_jonasschnelli_) <a href=\"https:\/\/twitter.com\/_jonasschnelli_\/status\/1333704973486600192?ref_src=twsrc%5Etfw\">December 1, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Schnelli had received support from Bitmain for more than three years. Along with him, funding was cut for his colleague, known on GitHub by the handle \u201cpromag\u201d.<\/p>\n<blockquote>\n<p>\u201cThank you to Bitmain for the help (despite the disagreements we had),\u201d wrote the developer.<\/p>\n<\/blockquote>\n<p>Some Twitter users supported the post&#8217;s author in the replies. According to one of them, few have done more for Bitcoin than Schnelli.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/_jonasschnelli_?ref_src=twsrc%5Etfw\">@_jonasschnelli_<\/a> is a legend<\/p>\n<p>At the time of writing, he has 500+ commits to Bitcoin Core stretching all the way back to 2013. Few have done more for Bitcoin than him<a href=\"https:\/\/t.co\/Xwh38gJC5n\">https:\/\/t.co\/Xwh38gJC5n<\/a><\/p>\n<p>\u2014 Imran Lorgat\u26a1 (@ImranLorgat) <a href=\"https:\/\/twitter.com\/ImranLorgat\/status\/1333787842309308419?ref_src=twsrc%5Etfw\">December 1, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nSwiss cryptocurrency project Relai said it would be glad to direct part of its revenue toward Bitcoin development.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/_jonasschnelli_?ref_src=twsrc%5Etfw\">@_jonasschnelli_<\/a> we\u2018re happy to contribute some part of our revenue, even though it\u2018s not a lot yet\ud83d\ude01<br \/>\nwill get in touch via DM\ud83d\udc4d<\/p>\n<p>\u2014 Relai \ud83c\udde8\ud83c\udded (@Relai_ch) <a href=\"https:\/\/twitter.com\/Relai_ch\/status\/1333799284009910279?ref_src=twsrc%5Etfw\">December 1, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"79zgPOhIjH\">\n<p>Jonas Schnelli: Bitcoin&#8217;s price will rise after the transformation of the cryptocurrency into a world payments system<\/p>\n<\/blockquote>\n<p>CEO of Marathon Patent Group Merrick Okamoto asked Schnelli to get in touch to discuss sponsorship.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Jonas \u2014 I am the CEO of Marathon Patent Group, one of the largest No American BTC Miners. Please send me a DM if you\u2019d like to discuss a Sponsorship.<\/p>\n<p>\u2014 Merrick Okamoto (@mokamoto) <a href=\"https:\/\/twitter.com\/mokamoto\/status\/1333804831073464321?ref_src=twsrc%5Etfw\">December 1, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nEarlier in November Bitcoin developers John Newbery and Mike Schmidt <a href=\"https:\/\/forklog.com\/en\/news\/jack-dorsey-and-kraken-back-new-fund-for-bitcoin-developers\">created<\/a> an independent non-profit organization, Brink. It received support from the company Square Crypt, Kraken and Gemini.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency mining equipment manufacturer Bitmain has halted funding for several Bitcoin Core developers, according to Bitcoin Core developer Jonas Schnelli.<\/p>\n","protected":false},"author":1,"featured_media":32722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,143,426,1192],"class_list":["post-32721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitcoin-core","tag-bitmain","tag-developers"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=32721"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32721\/revisions"}],"predecessor-version":[{"id":32723,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32721\/revisions\/32723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/32722"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=32721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=32721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=32721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}