🚨 Kids on Roatan just received 775.778 sats (~$460) for their education efforts on
@Get_Yzer.
👇This is how our new project "Miners4Kids" works:
We decided to run an experiment.
"What if we connected one miner we have in Paraguay and make it mine
#bitcoin directly for kids on Roatan?"
And if the community crowdfunds the electricity for a particular month over
@geyserfund , we distribute all the sats mined in that month to kids based on their "proof of learn", not just as a pure charity donation.
We said: "Lets's try it out."
We rolled it out at
@BTCPrague. And to our surprise, during the conference we crowdfunded over
@geyserfund the funds to cover the electricity all the way till November 2024 😲
geyser.fund/project/miners4k…
Yesterday we distributed the funds to kids who joined the project based on how many XP points they earned on
@Get_Yzer (the Duolingo for Bitcoin) during July.
👏The most passionate learner, Claudio, received almost $150 worth of bitcoin for studying Bitcoin itself.
All of the kids in the project are graduates of
@MyfirstBitcoin_ Bitcoin Diploma on Roatan so they had a previous knowledge of Bitcoin and had their wallets set up.
Making a direct connection between our bitcoin mining and bitcoin education within
@AmityAge , utilizing the "proof of learn" approach was the idea worth exploring.
We believe to inspire more kids to join for August and onwards and more communities to explore similar approaches for their own education activities.
We believe that injecting bitcoin in various ways into the economy is a crucial cornerstone of building a proper Bitcoin circular economy.
And kids receiving their sats is a foundation for them to learn how to manage them well for future and learn about financial responsibility in a hands-on approach.
We would love to scale this project in future to encompass more communities around the world, connecting them with miners and education platforms.
Let me know what ideas you would include or how to include more communities to take part.
Follow our journey and let the bitcoin learning experiment continue 💪🔥