In an article from Vice, starting today, a new charity initiative called "Bail Bloc" allows users to download software to mine Monero cryptocurrency to provide bail money for people who can't afford it. The project will start by focusing on New York City jails, but in 2018 "funds will spread to more than three dozen cities in the next five years," the Bail Bloc site states. Bail Bloc estimates that if 5,000 people ran its software for a year, they could generate $151,000 USD worth of Monero and bail nearly 2,000 people out of jail. The app takes 10 percent of your CPU power by default, but generous users can set it so that they donate 25 or even 50 percent of their computing power.
I don't know how to feel about this. I like the idea of mining to be used to generate money for charities or the less fortunate, I just don't know if I would put people arrested and awaiting trial into those groups. And since bail is set usually based on the nature of the crime, and the accused's history, I fail to see how it can be "Xenophobic." It does makes sense that the story was picked up by Vice, as some of it's "moguls" may be in need of such a service in the future.
"Like all forms of surveillance, bail is designed to keep people deemed dangerous within reach," Maya Binyam, an editor at The New Inquiry and organizer for Bail Bloc, wrote in an email. "But the powers that assess an individual's likelihood to endanger the public are more often motivated by racism, classism, and xenophobia than they are by a desire to ensure safety."
I don't know how to feel about this. I like the idea of mining to be used to generate money for charities or the less fortunate, I just don't know if I would put people arrested and awaiting trial into those groups. And since bail is set usually based on the nature of the crime, and the accused's history, I fail to see how it can be "Xenophobic." It does makes sense that the story was picked up by Vice, as some of it's "moguls" may be in need of such a service in the future.
"Like all forms of surveillance, bail is designed to keep people deemed dangerous within reach," Maya Binyam, an editor at The New Inquiry and organizer for Bail Bloc, wrote in an email. "But the powers that assess an individual's likelihood to endanger the public are more often motivated by racism, classism, and xenophobia than they are by a desire to ensure safety."