In the ecosystem of Bitcoin Cash (BCH), it is common for crypto miners to donate to developers and it is also a very controversial subject in the crypto community for some time now. At the same time, it is not realistic to expect developers to work on the ecosystem for free. This is the reason why a corporate donation device was created, however, it still has some issues.

One of the biggest issues in this system is the influence that corporate donors might have on the developers. On the other hand, many companies are not able to sustain the costs of maintaining the ecosystem and have not met expectations.

So to guarantee that the digital currency maintains its relevance as well as vibrant nature, the Bitcoin Cash miners that are considered the majority have shown interest in financing developers. This group of miners declared that investment in software development is extremely important and, for them, it is essential to upkeep the development of the Bitcoin Cash ecosystem. The group has the intention to create a fund for Bitcoin Cash to put over 12 percent of their mining rewards in. This process is going to take half a year, according to the group. The amount of money that will be collected depends on the future price of Bitcoin Cash in the next half a year. Regardless of that, the amount of money is going to be great and will positively impact the ecosystem of the digital currency. The funds will be accepted as well as distributed by a Hong Kong-based company and they will be used to contribute to the development of the ecosystem as well as the maintenance of other essential structures.

 

At the same time, Bitcoin is rising as the halving approaches. To keep up with Bitcoin & its price, check out Bitcoin Price updates as well as Bitcoin (BTC) Price Predictions.