UNICEF Is Mining Crypto to Raise Funds for Children

UNICEF Australia has launched a website that harness supporters' computers to raise donations via cryptocurrency mining.

AccessTimeIconApr 30, 2018 at 11:00 a.m. UTC
Updated Aug 18, 2021 at 8:57 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

The United Nations Children's Fund (UNICEF) is seeking to harness supporters' computers to raise donations via cryptocurrency mining.

To that end, the organization has launched "The Hope Page" – a website that mines cryptocurrency with the help of visitors' computer processing power. The non-profit described in a statement that site will "allow Australians to provide help and hope to vulnerable children by simply opening the page while they are online", ITnews Australia stated.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    The last regression video of the year 3.67.0
  • According to the website, The Hope Page allows visitors to select how much processing power they want to contribute to the mining process. The longer they stay on the site, the more cryptocurrency is mined.

    UNICEF 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."

    Any cryptocurrency mined is turned into fiat currency and donated to UNICEF Australia to be used for help vulnerable children worldwide with life-saving supplies such as safe drinking water, food and vaccines.

    The browser miner is powered by an opt-in version of the Coinhive API, AuthedMine, and mines the monero cryptocurrency.

    According to Jennifer Tierney, director of fundraising and communications for UNICEF Australia, the organization had been seeking to use emerging technologies to raise awareness about current humanitarian crises and collect donations to support affected children.

    At press time, over 1,600 people were seen donating computer power to aid the organization.

    UNICEF tent image via Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.