Announced today on the Bitcoin Foundation blog was news that the Bitcoin Foundation has added a new Platinum member.
If you haven’t already guessed by the headline, it’s KnCMiner, the Sweden-based mining hardware manufacturer.
Ordinarily, the new addition of a Bitcoin Foundation member is, well, uneventful. But when a new Platinum member is added, let’s just say it’s a little bit of a big deal.
Why? Because with KnCMiner included, that means there’s only two Platinum members. The other member is the Bitcoin Store.
“We are avid believers in Bitcoin and its potential to shape the future of digital transactions worldwide — most notably for millions of people traditionally locked out of the financial system. Our values are aligned with that of the Bitcoin Foundation and we are proud to support its work,” said Andreas Kennemar, who is co-founder of KnCMiner.
So just what is the cost of Platinum member status? $100,000
Certainly not cheap, but the funds go toward helping the Bitcoin Foundation continue their mission.
Other levels of membership are Gold ($25,000), Silver ($1,000-$5,000), Lifetime ($250), and Individual ($25).