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Bail Bloc

Bail Bloc

Bail Bloc is an open-source software project which allows users to donate spare computing resources to mine the cryptocurrency Monero, which is in then exchanged for US currency and used to post bail for low-income people.

OverviewStructured DataIssuesContributors

Contents

TimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
bailbloc.thenewinquiry.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Blockchain
Blockchain
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Location
New Haven, Connecticut
New Haven, Connecticut
CEO
‌
Robin Steinberg
Founder
‌
JB Rubinovitz
Number of Employees (Ranges)
1 – 10
Email Address
bailbloc@thenewinquiry.com

Other attributes

Company Operating Status
Active

Bail Bloc is an open-source software project developed by The New Inquiry that launched in November 2017. The Platform allows users to donate spare computing resources to mine the cryptocurrency Monero. The mined Monero is transferred to a central pool that is is converted into US dollars and is donated to a rotating group of bail funds registered with the National Bail Fund Network which are then used to post bail for low-income people. Users contribute to the mining of Monero using the Bail Bloc platform by accessing their WebMiner through their browser.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

You Can Now Mine Cryptocurrency to Bail People Out of Jail

Jordan Pearson

https://motherboard.vice.com/en_us/article/vb3j93/you-can-now-mine-cryptocurrency-to-bail-people-out-of-jail-bail-bloc

Web

You can use your computer’s spare power to fund bail for US defendants

Hanna Kozlowska

https://qz.com/1130206/monero-for-good-your-computers-unused-energy-can-be-used-for-mining-cryptocurrency-that-will-be-used-to-fund-bail-for-us-defendants/

Web

References

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