We caught up with @obi from @satenetorg here at @TheBitcoinConf and put him on the spot: “Why SateNet—and how would you use the $100,000?” Here’s his answer:

To mark the launch of the MARA Foundation, we’re making a $100,000 contribution to one of three preselected Bitcoin nonprofits doing mission aligned work throughout the world. The three (3) nonprofits eligible to receive this contribution include: - 256 Foundation (@256FOUNDATION) — A 501(c)(3) public charity dedicated to funding developers who are building open-source Bitcoin mining hardware and software solutions and providing the educational resources, tools, and support to demystify Bitcoin. - Libreria de Satoshi (@libdesatoshi) — An organization that seeks to make Bitcoin technical education accessible across all languages and geographies to decentralize Bitcoin knowledge and build the next generation of protocol developers. - SateNet (@satenetorg) — An organization that aims to improve the quality of life in communities across the Global South by providing low-cost, community-run, self-sustaining wireless internet service powered by Bitcoin. We invite YOU, the Bitcoin community, to tell us where you want us to make our first financial contribution. What are YOUR priorities? Where can we best serve? VOTE for the candidate you think will make the biggest difference—here’s how: - Go to foundation.mara.com/vote and fill out our voting form — Voilà! - BONUS: once you voted, QT this post with the candidate of your choice — and come by the MARA Foundation booth at @TheBitcoinConf to get your our own sweet MF dad cap ;) Make sure to follow us for updates and election results.

Today at @TheBitcoinConf, @MARA CEO @fgthiel announced the launch of MARA Foundation. The MARA Foundation represents MARA’s strategic commitment to supporting the health of the Bitcoin network, outside of our responsibilities as miners alone. We believe Bitcoin embodies the most powerful tool for financial sovereignty, economic resilience, and human freedom in the world. As such, we commit ourselves to: - Protecting the core properties that make Bitcoin sound, durable money, and - Advocating for the free and fair use of this technology for 8 billion people around the world We humbly devote ourselves to the following pursuits: - Ensure Bitcoin’s ongoing security budget—and, in particular, support the development of a robust and healthy fee market for Bitcoin transactions. - Harden Bitcoin against potential security threats—including, but not limited to, those posed by advancements in quantum computing. - Expand access to self-custodial Bitcoin and support those using Bitcoin in the pursuit of financial sovereignty. - Support the free and open-source development of Bitcoin technologies—including but not limited to scaling, mining, and critical user infrastructure. Additionally, we intend to develop educational resources and initiatives to inform Bitcoin users and builders alike—including, but not limited to: - Technical and developer education - Multi-lingual Bitcoin education - Advocacy for financial freedom technologies - Education for policy makers and activists Moving forward, we’ll be using this account to share critical research, educational content, and diverse points of view by leaders throughout the space. Drop a follow to make sure you don’t miss anything, and sign up for MF Quarterly reports here: 🔗 foundation.mara.com/

Today at @TheBitcoinConf, @MARA CEO @fgthiel announced the launch of MARA Foundation. The MARA Foundation represents MARA’s strategic commitment to supporting the health of the Bitcoin network, outside of our responsibilities as miners alone. We believe Bitcoin embodies the most powerful tool for financial sovereignty, economic resilience, and human freedom in the world. As such, we commit ourselves to: - Protecting the core properties that make Bitcoin sound, durable money, and - Advocating for the free and fair use of this technology for 8 billion people around the world We humbly devote ourselves to the following pursuits: - Ensure Bitcoin’s ongoing security budget—and, in particular, support the development of a robust and healthy fee market for Bitcoin transactions. - Harden Bitcoin against potential security threats—including, but not limited to, those posed by advancements in quantum computing. - Expand access to self-custodial Bitcoin and support those using Bitcoin in the pursuit of financial sovereignty. - Support the free and open-source development of Bitcoin technologies—including but not limited to scaling, mining, and critical user infrastructure. Additionally, we intend to develop educational resources and initiatives to inform Bitcoin users and builders alike—including, but not limited to: - Technical and developer education - Multi-lingual Bitcoin education - Advocacy for financial freedom technologies - Education for policy makers and activists Moving forward, we’ll be using this account to share critical research, educational content, and diverse points of view by leaders throughout the space. Drop a follow to make sure you don’t miss anything, and sign up for MF Quarterly reports here: 🔗 foundation.mara.com/

🇮🇷 Iran is charging $2M per ship to cross the Strait of Hormuz and they want it in Bitcoin. 😳 At $72,000 per $BTC, each ship = 27.7 BTC. Pre-crisis, 130 ships crossed daily. • Daily: 3,611 BTC • Monthly: 108,333 BTC • Yearly: 1.3 million BTC The entire Bitcoin network only mines 450 BTC per day. Iran would accumulate 8x the monthly mining supply. Every month. A sanctioned nation building a Bitcoin treasury through a toll booth. This is the most important geopolitical Bitcoin story nobody is talking about. 🔥