Mysterious group donates thousands of Bitcoins to various open-source projects

A mysterious group called Bitcoin Grant has been donating hundreds of thousands of dollars worth of Bitcoins to various projects for a little over a year. While the group primarily donates to Bitcoin-related projects, it also donates to all sorts of open source software projects. According to the organization’s website, they want “open source to become central to how we move forward instead of being a hobby or an afterthought”.

You can think of them as the Bitcoin Santas. Every so often, they appear out of nowhere and bestow gifts on people across the globe, a bit like Santa Claus on Christmas Eve. The difference is that they always give bitcoins, the world’s most popular digital currency. Late last year, they came to Yifu Guo. Guo runs Avalon, a company that builds and sells “Bitcoin miners,” specialized computers that help run the global open source software system that drives the digital currency.

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