In order to raise funds for victims in war-torn Syria, UNICEF is now implementing solidarity on the blockchain. As to help the humanitarian fund mine cryptocurrency for the Syrian children.
UNICEF is calling everyone with powerful graphics cards on their computers to join in a fund raising project to mine Ethereum cryptocurrency in support for children in war-torn Syria.
The project is “Game Chaingers” and open to anyone including eSports fans and gamers. You will donate your computer resources while UNICEF will configure software on your system to mine ETH once you are ready. The ETH will go straight to UNICEF account.
It has raised 836.66 Euros from 262 contributors so far. The total amount of computer power donated so far is 2,134 hours. People can also send ETH as well as PayPal. And bank card donations in the 55 remaining days of the campaign. The campaign ends end of March.
The website even displays top miners’ list but you don’t have to reveal your name.
UNICEF told Engadget that the mining operation won’t eat into your electricity bill. As it is different form mining Bitcoins on your own. They are asking for a “for a punctual and brief participation.”
Some quick checks reveal that donations within the crypto community went up last year even as cryptocurrencies had one of their best years. For instance, Fidelity Charitable organization received $11 million worth of Bitcoins from various holders in November last year. Red Cross received $2,000 worth of Bitcoin donations in June last year.
In mid-January, an unnamed donor pledged to match donations worth $4m (£2.9m) in a project targeted at testing health benefits of MDMA in mental health.