"As of now, October 4th, we have received four payments totaling $51,500" What a joke. That's an hourly rate of $20 (assuming 5 researchers working for 3 months). Just enough to buy a MacBook to do the research in the first place.
In the article he says they invested "a few hundred hours"... I take that to be around 350 hours - $147/hr... still not a lot for speculative research
So the 20-30$ per hour figure is closer, before taxes, with zero benefits like health, dental or pension plans.
They themselves say: bounty hunting is not a job