Scorechain is proud to join the Know-Your-Hashrate initiative for dialogue and solutions between miners, regulators and institutions

We are happy to announce that Scorechain has joined ‘Know Your Hashrate’ (KYH) as a sponsor to make contributions to this field.

KYH is “a term coined by Ian Gilmour at SLiC International Ltd, one of a new breed of Institution Grade, Digital Asset miners”1.

Incubated by SLiC, KYH is “intended to promote a dialogue between three sectors of the Digital Assets economy: miners, regulators and institutions”2. It will “help develop a dialogue between Digital Assets stakeholders and host a debate on how best to legally integrate the centralized and decentralized infrastructures”3. It provides “a platform for digital assets participants to discuss how to block criminal activity in Bitcoin Mining”4.

SLiC is a founding contributor to KYH, early sponsors include aussi Koine, IOUR, Yellaw, Engineered Fluids, etc. More organisations will be announced in the future as well.

Read more on https://www.knowyourhashrate.com/

Scorechain is now officially one of the sponsors to this project. As a European Leader in Risk AML software for cryptocurrencies, Scorechain will make its knowledge available to the working group. 

References:

  1. Press release, Know Your Hashrate, 3rd Sep 2020.
  2. Idem.
  3. Idem.
  4. https://www.linkedin.com/posts/bitcoin-kyh_digitalassets-hashrate-coinbase-activity-6708777957906800640-y9jA