Tuesday, 01 May 2018 06:26

UNICEF Australia to raise funds through cryptocurrency mining

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UNICEF Australia hopes to raise funds through mining for cryptocurrencies by using an opt-in on its website.

A button on a page called The HopePage allows visitors to the site to give the organisation permission to use the spare computing power on their devices for cryptocurrency mining.

Jennifer Tierney, UNICEF Australia’s director of Fund-raising and Communications said, “We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them.

"The HopePage allows Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”

The organisation's move is not the first time that cryptocurrency mining has been resorted to in order to raise legitimate funds. In February, as iTWire reported, the well-known US magazine Salon  said it was resorting to mining to make up for the loss of revenue due to ad blockers.

UNICEF said The HopePage was directly supporting its response to the Rohingya crisis in Myanmar.

"All funds raised through The HopePage will help provide life-saving supplies to Rohingya children who fled their homes in Myanmar and are now living in one of the world’s largest refugee camps in Bangladesh," the organisation said.

"An estimated 720,000 Rohingya have been driven into Bangladesh since August 2017, with over half of them children. Emergency supplies include safe water, therapeutic food, medicine and immunisations."


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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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