UNICEF Australia sets up Cryptocurrency Mining Webpage to Aid Efforts

UNICEF Australia sets up Cryptocurrency Mining Webpage to Aid Efforts

International Mining
May 1, 2018 by Nelson Brassell
201
Unicef Austrailia is aiming to turn an in-browser crypto currency mining technology into real money as an alternative way to fund aid efforts. The new charity, HopePage, is designed to be left open allowing “Australians to provide help and hope to vulnerable children by simply opening the page while they are online”. The page uses
shutterstock_166923161

Unicef Austrailia is aiming to turn an in-browser crypto currency mining technology into real money as an alternative way to fund aid efforts.

The new charity, HopePage, is designed to be left open allowing “Australians to provide help and hope to vulnerable children by simply opening the page while they are online”. The page uses some of your computer’s processing power during the time it is open in order to solve work and mine cryptocurrency.

Taking a look at the source code, it seems that the page is powered by AuthedMine an opt-in version of Coinhive API which mines Monero. Any currency that is mined is immediately turned into fiat money and put to use.

There seems to be some worries that CoinHive’s code is not the most ideal way to do this. Security journalist Brian Krebs quotes that “Much like a malware infection by a malicious bot or Trojan, Coinhive’s code frequently locks up a user’s browser and drains the device’s battery as it continues to mine Monero for as long a visitor is browsing the site”.

Apparently this newer version of the API, AuthedMine, allows users to opt-in to using the technology in order for it to bypass these issues, and assuage any fears of a computer crash.

Additionally, Unicef Australia’s digital engagement and content manager Tony Andres Tang states that charity users can “select how much compute power they are willing to donate to the mining, safe in the knowledge the process will not store any personal information”.

The user can then decide how much processing power to donate while mining. This happens in a one-time session, approved by the user every time they visit the site.

This isn’t the first time that Unicef has been involved with crypto to fund it’s endeavors. Earlier in the year, it launched a project called Game Changer, encouraging PC gamers to install software in their machine to mine for Ethereum. Unicef has also discussed using a blockchain to create transparency in aid donations, calling the project Donercoin.

At the time of writing, there are 3,140 people donating on HopePage.

 

Add a comment

Loading data ...
Comparison
View chart compare
View table compare