Unicef Australia Launches Cryptocurrency Mining Platform For FundRaising
Unicef Australia calls on the general public to donate computing power in order to raise funds through cryptocurrency mining.
The global humanitarian and development agency has launched TheHopepage, a browser-based cryptocurrency mining platform that uses a third-party computer’s processing power to automatically generate funds.
Cryptocurrency Mining involves the use of powerful computing power to perform complex mathematical calculations. Each time a block is solved; a predefined number of coins is generated and distributed to the miners.
When on The Hopepage, an individual’s browser uses the computer’s processor to solve the cryptocurrency algorithms — users can select how much processor power they want to donate to the task.
The longer the browser is open, the more processor power is donated, which means more algorithms get solved, earning cryptocurrency.
The cryptocurrency is automatically donated to UNICEF Australia and is turned into real funds that reach children through life-saving supplies like safe water, therapeutic food and vaccines.
“We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them,” Unicef Australia director of fundraising and communications Jennifer Tierney said.
“The Hopepage allows Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”
The donation platform is powered by Coinhive’s AuthedMine.com, which offers a Monero miner that can be embedded into various websites. This miner will only ever run after an explicit opt-in from the user. The miner never starts without this opt-in.
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