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Browser-Based Mining for Charity Crowdfunding


Our unequal world desperately needs changes, but the power to change is limited by resources, reserved for the privileged few. We are here to level the playing field; We believe small, personal, local changes are bound to lead to bigger shifts in the society. That’s why we want to make sure every voice has a chance to be heard, every idea has enough fuel to get off the ground. To remove any barriers for the spirit of giving, we created a place where ordinary people can raise money without actually paying money from their pockets. PowerShare is where crowdfunding meets mining for cryptocurrencies - simply by keeping a browser tab open, visitors can convert unused computing power to fund ideas and causes which are important to them or others. And while our algorithm runs to power up a chosen cause, supporters also generate a steady stream of income which turns helping others into a mutually beneficial enterprise. By revolutionizing fundraising, we exist to provide means to change for anyone willing to do so.

About Powershare

Browser-based cryptocurrency mining is the method of cryptocurrency mining that is executed inside the browser with the help of Java Scripts [10]. It was first used in May 2011 by [11] - “It used JavaScript code for pooled mining, and website owners could sign up to the service and embed these scripts into their web pages to make page visitors mine for them” [12]. At that time the Price of Bitcoin was edging towards its first notable peak of 30 USD, and the difficulty levels were comparably low as ASIC miners had not yet been introduced. However, the fundamental problem of the innovative concept was the amount of reward generated by mining, and the project was soon declared dead. The first revival of browser-based cryptocurrency mining was in December 2013, when a group of MIT students introduced Tidbit, which was supposed to create an alternative stream of revenue for web pages. Soon after its launch this project was closed as it was prosecuted by the New Jersey Division of Consumer Affairs on charges of accessing “New Jersey computers without user’s knowledge or consent”. Despite these past failures, Coinhive released browser-based cryptocurrency mining scripts in September 2017. The biggest difference from its predecessors was that Coinhive script was created to mine Monero (XMR), instead of Bitcoin. In other terms the method is more or less similar to and Tidbit. The main reason why Coinhive succeeded was the surge in the cryptocurrency markets in 2017.

The Team

Beka Dalakishvili

Chairman, Co-Founder

Ana Mikatdze


Gega Abashidze

Legal Counsel

Sophio Chkhenkeli

Art Director

Shota Chinchaladze

Chief Brand Officer

Alex Chikovani

Chief Branding Consultant

Giorgi Avaliani

Branding And Creative Direction

Nick Kumbari


Giorgi Chinchaladze

Lead Front End Engineer

Misha Tsankashvili

Front End Developer

David Svimonishvili

CEO, Co-Founder

Samuel Visscher

Blockchain Development

Roy Kime

Investor Relations

Temo Bezhiashvili

Strategic Planning

Maxim Iavich

Computer Science Professor, Ph.D. in Mathematics

David Chichua

Ph.D. in Mathematics

Mikheil Zguladze

Student at Free University Tbilisi

Giorgi Iremadze

Blockchain Evangelist


Token Info

Price in ICO
1 FIRE = 0.00023 ETH

Investment Info

Min. investment
20 ETH

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