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 Sep 13, 2021 at 7:53 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.

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 has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


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.