{"id":78969,"date":"2023-05-19T09:56:00","date_gmt":"2023-05-19T06:56:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78969"},"modified":"2025-09-11T08:20:49","modified_gmt":"2025-09-11T05:20:49","slug":"marathon-digital-and-brink-to-raise-1-million-to-support-bitcoin-core-developers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/marathon-digital-and-brink-to-raise-1-million-to-support-bitcoin-core-developers\/","title":{"rendered":"Marathon Digital and Brink to raise $1 million to support Bitcoin Core developers"},"content":{"rendered":"<p>Mining company Marathon Digital Holdings and nonprofit Brink<a href=\\\"https:\/\/www.globenewswire.com\/en\/news-release\/2023\/05\/18\/2672276\/0\/en\/Marathon-Digital-Holdings-Collaborates-with-Brink-To-Raise-Up-to-1-Million-To-Support-Bitcoin-Core-Developers.html\\\">announced<\/a> the launch of a fundraising program to raise up to $1 million to support Bitcoin Core developers.<\/p>\n<p>Brink is a fund that distributes grants and engages with sponsors. Brink<a href=\"https:\/\/forklog.com\/en\/news\/jack-dorsey-and-kraken-back-new-fund-for-bitcoin-developers\"> was founded by<\/a> Bitcoin developers John Newbery and Mike Schmidt.<\/p>\n<p>Under the agreements, Marathon committed to matching all third-party donations on a dollar-for-dollar basis in 2023. During the Bitcoin 2023 conference from May 18 to 21, the ratio will be 2:1. In total, the company will allocate $500,000 for these purposes.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cWe have historically focused on supporting Bitcoin by adding<\/em><a href=\"https:\/\/forklog.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\"><em>hashrate<\/em><\/a><em>. Now the company is helping those who support the open-source protocol by contributing to Brink,\u201d<\/em> \u2014 said Marathon CEO Fred Thiel.<\/p>\n<\/blockquote>\n<p>In July 2022, one of Bitcoin Core&#8217;s leading developers, Peter Velle<a href=\"https:\/\/forklog.com\/en\/news\/pieter-wuille-relinquishes-key-role-in-bitcoin-core\"> requested<\/a> an exemption from direct access to the Bitcoin Core software.<\/p>\n<p>Nine months earlier, his colleague Jonas Schnelli<a href=\"https:\/\/forklog.com\/en\/news\/jonas-schnelli-leaves-the-bitcoin-core-development-team\"> left<\/a> the project due to shifting priorities and &#8220;increased legal risks associated with writing code for Bitcoin&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining company Marathon Digital Holdings and nonprofit Brink have announced the launch of a fundraising program to raise up to $1 million to support Bitcoin Core developers.<\/p>\n","protected":false},"author":1,"featured_media":78970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[143,1192,1185],"class_list":["post-78969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-core","tag-developers","tag-marathon-digital-holdings"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78969","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=78969"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78969\/revisions"}],"predecessor-version":[{"id":78971,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78969\/revisions\/78971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78970"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}