Reports are now emerging that Unicef Australia is planning to come up with The Hopepage – a browser-based cryptocurrency mining platform that uses the processing power of a third-party computer to generate funds automatically.
The blockchain technology has many applications. The blockchain is basically a decentralized database that can store data systematically and transparently. Companies, agencies, and different organizations have used the technology to streamline their businesses and also to cut costs.
According to Itnews Australia, Unicef believes that this site will “allow Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”
Mining is safe for computer
Unicef has said,
“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.”
When an individual visits The Hopepage website, the browser of the person will use the processor of the computer to solve cryptocurrency algorithms and users will also be able to select how much processor power they want to devote to the task.
It goes without saying that longer the browser is open, more processing power is provided to the task. This also implies that more algorithms are solved, and cryptocurrencies are earned.
How will Unicef use the cryptocurrencies?
The cryptocurrency thus generated will be automatically donated to Unicef Australia. This, in turn, will be transformed into real funds that the organization wants to use to make available safe water, vaccines and therapeutic food to children.
The director of fundraising and communications, Jennifer Tierney, 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.”
He also said,
“The Hopepage allows Australians to provide help and hope to vulnerable children by simply opening the page while they are online.”
This donation platform is based on Coinhive’s AuthedMine.com, which offers a Monero miner that can be incorporated into other websites.
AuthedMine.com, however, only allows a site to use a visitor’s CPU after the user chooses to do so.