Yuri Molchan

Mining Could Become Way to Donate for US Elections

OsiaNetwork LLC filed a request to the US Federal Election Commission (FEC), which, if approved, would allow people to contribute to election campaigns
Mining Could Become Way to Donate for US Elections

In September, OsiaNetwork LLC filed a request to the US Federal Election Commission (FEC), which, if approved, would allow people to contribute to election campaigns by lending their computation power to mine coins to support candidates running in elections.

The scenario is that the startup would become a mining pool on which volunteers would donate the mining power of their devices. The crypto mined this way would be used to second candidates.

As a reward, the company would keep part of the generated crypto. Currently, this seems a difficult job since the attitude of US authorities to crypto donations in politics is rather controversial. E.g., North Carolina has banned it.

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