If you think cryptojacking was wrong, wait till you see how helpful it has become. The United Nations Children’s Fund (UNICEF) is raising donations via visitors ending up on their website with the help of cryptocurrency mining.
The website which UNICEF has gained much support through cryptocurrency mining is called the “The Hope Page” When a visitor visits the website, they can contribute their computer’s processing power by a click of a button.
The website homepage reads-
“This website uses some of your computer’s processing power to automatically generate funds for UNICEF Australia.
UNICEF works in some of the world’s toughest places to save children, protect their rights, and help them fulfill their potential.”
Once you are ready to let your computer mine for UNICEF, you can use x amount of processing power of your computer to contribute to mining which ranges from 20% to 80%. Hence the longer you are on the website, the more cryptocurrency is mined.
A person trying it for the first time is provided information by UNICEF which states-
“Mining is perfectly safe for your computer. If you’re ever worried about power consumption, turn down the amount of processing power you’re donating.”
Once your laptop or computer’s processes are used for mining, it is all collected to be turned into fiat currency. This fiat is used to donate for such things as food, water, and vaccines.
The cryptocurrency that is mined is Monero by the help of browser miner’s Coinhive, API, and AuthedMine.
Jennifer Tierney, UNICEF Australia’s Director of Fundraising and Communications, said in a statement-
“We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them.”
Over 2,600 people have already used UNICEF’s ‘The Hopepage’ which shows that this idea from UNICEF will prove to be a way charities will gain donations from around the world.
The previous way UNICEF has used cryptocurrencies to provide for charity was not much of a success as it had only raised 996 Euros ($1200). It had launched a website called Chaingers.io which asked visitors to mine Ethereum that would be turned into funds for Syrian children.
If you are hoping to contribute to UNICEF using the ‘Hopepage’ website, you will notice that the battery will start draining off. It is suggested to participate in mining by plugging your laptop into the power source.
Image Source: “Flickr”