UNICEF Hope Page Mines Cryptos

UNICEF as an organization works to provide humanitarian aid to children and their mothers in developing nations and conflict areas across the globe. Now, the Australian chapter of this branch of the United Nations has found a novel new way to raise funds for its ongoing mission for the Rohingya refugees in Bangladesh.

Crypto-Mining on the Hope Page

UNICEF Australia has created what they call a Hope Page, which allows users to donate funds using cryptocurrency. The organization has tied up with Coinhive, a crypto-mining service to mine cryptocurrency via visitors’ computers.

According to the Director of Fundraising & Communications, Jennifer Tierney, UNICEF wanted to use new technologies to create and raise awareness about various humanitarian crises situations. They also wanted to raise more funds to support the children who are trapped in these crises.

An organization partnering with a company like Coinhive is interest. So far, Coinhive has the reputation of being a notorious cryptojacker. Coinhive has – as a cryptojacker – targeted various types of websites ranging from government websites to google and even YouTube users. Due to these activities, the company has been listed as one of the biggest dangers to internet security in the world. So, with this venture, the company is hoping to do some good and turn its image around.

The Process of Crypto-mining

To ensure complete transparency, UNICEF is using Coinhive’s opt-in option so that visitors know exactly what is happening. The organization ensures that there is full disclosure with regard to the crypto-mining process on their Hope Page.

When a user enters this page, they are told about the crypto-mining process. The organization explains clearly than when a person is searching the Hope Page, web browsers utilize their computers’ processors to solve cryptocurrency algorithms, which lead to the mining of cryptocurrencies.

The website explains that the longer a person stays on their page, the more processor power they donate for the mining of cryptocurrency. In fact, users have the option of choosing how much processor power they would like to donate. It can range from 20% to 80%.

All cryptocurrency that is mined using this method is automatically given to UNICEF Australia. The cryptocurrencies donated are then converted into fiat currencies and used for bringing children in conflict-torn areas safe drinking water, therapeutic food supplies and essential vaccines and medicines.

The site, as part of its full disclosure, also warns visitors that when they donate their processing power, they will pay for it. Users are warned that cryptocurrency mining uses up large amounts of electricity, which would mean higher power bills for those who participate in the effort. The organization also warns that this donation of processing power is not tax deductible, so users should look at donating money via cash or credit card before they agree to the mining process.

All the funds raised through this campaign will be donated to help the Rohingya Crisis.