# An Open Source Mining Pool Bounty and DEVgrant

DevFeed: [An Open Source Mining Pool Bounty and DEVgrant](<https://devfeed.tech/articles/an-open-source-mining-pool-bounty-and-devgrant-16752.md>)

Original publisher: [Read original article](<https://blog.ethereum.org/en/2016/03/29/an-open-source-mining-pool-bounty>)

Author: Wendell Davis

Published: 2016-03-29T09:05:02Z

Content type: article

Language: en

Sources: [Ethereum Foundation Blog](<https://devfeed.tech/sources/ethereum-foundation-blog.md>)

Topics: [Ethereum](<https://devfeed.tech/topics/ethereum.md>), [Open Source](<https://devfeed.tech/topics/open-source.md>), [Software](<https://devfeed.tech/topics/software.md>)

Tags: [bounty](<https://devfeed.tech/tags/bounty.md>), [ethereum](<https://devfeed.tech/tags/ethereum.md>), [network](<https://devfeed.tech/tags/network.md>), [open-source](<https://devfeed.tech/tags/open-source.md>), [pos](<https://devfeed.tech/tags/pos.md>), [pow](<https://devfeed.tech/tags/pow.md>), [research-development](<https://devfeed.tech/tags/research-development.md>)

## AI overview

The Ethereum Foundation proposes a bounty for open-source Ethereum mining pool software to improve mining decentralization and reduce the efficiency gap with proprietary alternatives. The bounty offers up to 100 ETH per percentage point of adopted hashpower, subject to stated caps, plus a $10,000 DEVgrants contribution once development begins.

## Source excerpt

Ethereum's present reliance on Proof of Work (PoW) mining is not ideal, and while we continue to work with gusto towards a Proof of Stake solution (PoS), we have to live with PoW as gracefully as possible (at least until the eventual switch!). Meanwhile, in the interest of overall network...