Skip to main content

A Bitcoin charity event has been announced by Hal Finney's wife.

A Bitcoin charity event has been announced by Hal Finney's wife.

She stated that the purpose of the event is to raise money in order to provide assistance to people who have been affected by ALS.

Fran Finney, the wife of the pioneer in the field of cryptography Hal Finney, has announced a charitable event that will benefit patients suffering from amyotrophic lateral sclerosis (ALS). Finney, who was discussing the event on Twitter, urged users of Bitcoin to participate in a half marathon and share their experiences on social media between January 1 and January 10, 2023 in order to contribute to the fundraising effort to combat the disease.

Fran Finney, using her husband Hal Finney's official Twitter account, was the one who made the announcement. She had previously reactivated the account in order to save it from being deleted during a purge that Twitter performs on inactive accounts.

The event, which is being held in conjunction with the Golden West Chapter of the ALS Association, was given the moniker "Running Bitcoin" in honor of the first-ever Bitcoin tweet, which was sent out by Hal Finney just a few days after Bitcoin was made publicly available in 2009. In accordance with the information that can be found on its website, the organization makes both educational materials and equipment loans available to people who live with ALS..net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/

The charitable organization has stated that it intends to raise funds through the event by providing rare Hal Finney collectibles and official Running Bitcoin T-shirts to contributors in exchange for those items.

An early pioneer in the field of cryptocurrencies was a man named Hal Finney. In 2004, he devised Reusable Proof of Work, also known as RPOW, a system that enabled recipients to reuse Hashcash coins in their own transactions. Even though it relied on a centralized server rather than a decentralized network, RPOW is frequently considered to have been an early form of cryptocurrency.

In addition, Finney contributed code to the Bitcoin codebase in 2008 and the beginning of 2009, before it was made available to the general public in January of that same year. It was Satoshi Nakamoto who sent him 10 bitcoins in the very first transaction ever conducted with the cryptocurrency, and he was the lucky recipient.

Before being diagnosed with ALS in August 2009, Hal Finney spent a significant portion of his life as a devoted runner. He had been fighting the disease for a number of years prior to 2014, when he was cryogenically preserved.

Comments

Popular posts from this blog

Malaysia's GDP will slow in 2023.

Malaysia's economy would weaken in 2023 as a result of tough external conditions and slowing domestic demand, experts said on Thursday. According to Xinhua, Maybank Investment Bank Research predicts Malaysia's full-year growth to drop to 4% in 2023 from 8% in 2022, owing primarily to a slowing in domestic demand. According to the research firm, private consumption will increase at a slower pace next year as pent-up spending from the complete economic re-opening evaporates, compounded by the effects of high inflation and high interest rates on the cost of living and real disposable income. It also expects public consumption growth to moderate, in accordance with the lower government operating expenditure allocation in Budget 2023. Furthermore, it stated that the projection for weaker global economic development resulted in a decline in goods and services exports and imports. Meanwhile, MIDF Research foresees Malaysia's gross domestic product (GDP) growth to reduce to 4.2 per...

The price of Bitcoin ASIC miners is currently hovering at levels not seen in several years.

  The price per terahash of ASIC miners has dropped by more than 80 percent since its all-time high in 2021, as more and more Bitcoin mining machines continue to flood the market. Bitcoin ASIC miners, which are machines that are optimized for the sole purpose of mining Bitcoin, are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market. Bitcoin ASIC miners are machines that are optimized for the sole purpose of mining Bitcoin. The most efficient ASIC miners are those that generate at least one terahash for every 38 joules of energy. According to the most recent data from Hashrate Index, the price of these miners has dropped by 86.82% since their peak on May 7, 2021, when it was $119.25 per terahash and has now fallen to $15.71 as of December 25. Antminer S19 from Bitmain and Whatsminer M30s from MicroBTC are two examples of miners that fall into this category. The same premise holds tru...