Network data shows that Bitcoin block 881,423 was mined with a coinbase tag reading “Apollo/mined by 256 Foundation/” by a miner identified as “FutureBit Apollo Solo.” This marks the first time a fundraiser has been conducted through Bitcoin hashrate, raising 3.146 BTC in rewards worth about $330,300.

The 256 Foundation, a 501(c)(3) public charity, was founded by two Bitcoin enthusiasts known as @Econoalchemist and @bitkite on X with a mission to “dismantle the proprietary mining empire to make Bitcoin and freedom tech accessible to anyone.”