Unicef has turned to a novel kind of fundraising by using the processing power of people’s computers to raise money via cryptocurrency mining.
The Australian branch of the charity has set up a website – thehopepage.org – which harnesses a computer’s power to mine the Monero cryptocurrency, automatically converting and donating funds raised.
The service is powered by crypto-mining service Coinhive, and money raised will go towards the group’s work responding to the Rohingya refugee crisis in Myanmar.
It means users can ‘donate’ without actually giving any money to the charity, with more algorithms solved and transactions processed the longer a user keeps the page open.
“We wanted to leverage new…