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Charities Are Raising Funds Via Digital Currencies And Mining

Charities Are Raising Funds Via Digital Currencies And Mining

Charities are Raising Funds via Digital Currencies and Mining Digital currencies have opened new opportunities to raise funds for charities and Not For Profit (NFP) organizations. In the past, charity contributions were limited to financial donations, the recycling of used goods, and acts of service. With digital currencies, donors can now donate their coins and unused computing power. Donors range from large philanthropic projects, prominent individuals in the blockchain sector, small-scale retail investors, to everyday gamers who can mine using existing hardware. Digital currency donations and computing power have together raised millions of dollars for prominent organizations such as The Red Cross, UNICEF, the Open Medicine Foundation, and SENS Research Foundation. The sudden shift and increase in digital currency donations are a result of its great tax benefits. People are getting smarter about donating appreciated assets and Bitcoin is the epitome of appreciated assets this year, said Matt Nash, Fidelity Charitable SVP of donor engagement, to CNBC. Over the past few years, digital currencies have contributed significantly to the social sector through charitable donations. According to CNBC, Fidelity Charity raised over $22 million in Bitcoin in 2017. Other foundations have therefore leveraged the growing popularity of digital currencies. The Red Cross, United Way, Greenpeace, and Save the Children are now accepting Bitcoin donations, which they can later exchange for traditional currency. Bitcoins rise in value has also led to large anonymous philanthropic projects. A great example is the Pineapple Fund ; they aim to donate $86 million Bitcoin. Theyve currently donated over $35 million to 42 organizations, including most recently the Open Medicine Foundation . Pro Continue reading >>

Mining For Charity

Mining For Charity

Attention: This project has been abandoned due to high maintenance costs and lack of active developers. If you like the project, have great coding skills and think you can help us out then drop us an email at [email protected] ! Mining for charity is a project that aims to raise funds for charitable causes by mining bitcoins collectively. It was founded by the German association for youth protection, as a unique and new way of fund raising. This project can be considered an experiment, we dont know how well it will go and how many bitcoins and funds we can raise. Everyone can participate, either through donating their computing power to mine bitcoins, through donating bitcoins directly or, traditionally, through donating money. For every 10 bitcoins you help us mine, we will donate 9 bitcoins to charity and return 1 bitcoin to you as a Thank you! No bitcoins generated and no money made will be used for personal profits on our behalf. Bitcoins are a digital currency. They are secure, not limited to countries or borders and thus truly global. The bitcoin system does not discriminate its users on citizenship or location. Bitcoins are non-manipulatable, non-confiscatable and stable in supply. The bitcoin system doesnt need banks and allows immediate transactions between individuals. Those transfers are secure and ensure total anonymity, but also total transpareny at the same time. Several websites provide information of all transactions and the balance of all bitcoins. One bitcoin has currently a value of about 100 US Dollars, however the exchange rate varies rapidly over time. (Updated June 2013) You can find more information here: How can I contribute, how does this Mining work? Because of the way bitcoins work there is a maximum number of possib Continue reading >>

Crypto Mining For Charity: Your Processing Power Could Save The World

Crypto Mining For Charity: Your Processing Power Could Save The World

Crypto Mining for Charity: Your Processing Power Could Save the World Hektor Ehring Jeppesen / Loc Poivet / Emily Cho Want a new way to improve the lives of children across the globe? Just do what youre probably doing right now:browsing the internet. The Australian branch of the United Nations Childrens Fund (UNICEF) just launched The HopePage. Open the site in your browser, and itll use your computers processing power to mine the cryptocurrency monero . Any mined coin is automatically donated to UNICEF Australia, which spends it on clean water, food, and vaccines for vulnerable children. This isnt the first time UNICEF has dabbled in crypto mining to raise funds. In February, the organization launched its Game Chaingers project , which sought to raise funds for children in Syria by targeting computer gamers . Game Chaingers fell short of its fundraising goal, but it also required users to download mining software. The HopePage requires users to do even less, thanks to Coinhives AuthedMine tool . This is a version of the same mining tool that landedCoinhive in hot water back in October because sites were using it without visitors permission, but this tool solves the problem by allowing to opt in. Tony Andres Tang,UNICEF Australias digital engagement and content manager, was sure to make the distinction between The HopePage and these past Coinhive exploits. We are transparent in the fact we are borrowing a computers processing power, and provide the ability to choose how much power is donated, Tang said in an interview withiTnews .The HopePage is entirely user-initiated, and they have the ultimate power to decide whether to participate or not. Other organizations are turning to crypto mining to bankroll their humanitarian efforts. In October, creative developer/designer Continue reading >>

Mine For Charity

Mine For Charity

Simply leave this website open and your computer will generate cryptocurrency that will get donated to charity A: Modern computers are overpowered for most of the tasks that we perform on a regular basis (e.g. web browsing). As a result, there is a lot of unutilized processing power in most computers. By using Mine For Charity, you can donate those unutilized resources to mine cryptocurrency for charity. A: The Mine For Charity website includes a JavaScript miner for the Monero cryptocurrency. Simply by leaving this site open in your browser, you will be contributing to a mining network where earned cryptocurrency will be donated to charity. Q: How much of the cryptocurrency mined gets donated? A: As much as possible. We take a small portion for server fees and administrative costs. The rest gets donated to charity. A: We mine Monero. The algorithm to mine Monero is compute heavy and designed to run well on CPUs. Unlike other cryptocurrencies like Bitcoin and Ethereum, which are 10,000x faster to mine using GPUs, Monero only has a 2x benefit when being mined on a GPU. This makes Monero a good choice for JavaScript based mining in the browser. Q: Where does the cryptocurrency get donated? A: We currently donate to The Water Project. As we grow, we will look into expanding to other charities and allowing users to specify a charity for their contributions. Q: This site is making my computer run slow. What can I do? A: You can lower the amount of processor being used for mining by adjusting the Allowed CPU slider. This setting changes the amount of processor time that miner uses. For example, if you set the Allowed CPU to 60%, the miner will use 60% of your CPU and leave 40% available for other tasks. Continue reading >>

Bitcoin Miner For Donations! We Need Your Help!

Bitcoin Miner For Donations! We Need Your Help!

BITCOIN Miner for Donations! WE NEED YOUR HELP! Dear friends from around the world, We are raising funds to build Cryptocurrency Miners to generate money for charities. Your one time donation will be multiple yearly donations to any charity that are in need of funds! My personal promise to you is once we have enough funds, we will. . . . . We are raising funds to build Cryptocurrency Miners to generate money for charities. Your one time donation will be multiple yearly donations to any charity that are in need of funds! My personal promise to you is once we have enough funds, we will launch the building of the systems and generation of Cryptocurrency! This is not any ordinary donations where you donate once and that is it. Our kind of donation is recurring with just your single funding. Cryptocurrency miners are delicate machines where it needs to be monitored 24/7 and monthly maintenance tweaks for optimal performance. Cryptocurrency such as Bitcoin or Ethereum are currently entering in to the new edge of money transactions. Miners are use to generate Cryptocurrency by solving complex algorithms, upon solving the block of codes, a coin is created which we can sell the coins off in exchange of cash. It takes awhile to generate coins bit by bit and by the year end we should be able to accumulate a sum of money. These money will be donated to the charities. Example: Your one time $100 USD contribution will equally mean donating $100 USD every year. Since I am good in this field, I am just doing what I can to provide donations to the poor and unfortunate. Once settled we will setup a Facebook page so you can see the progress at: [emailprotected] Continue reading >>

Crypto Is Now Fastest Growing Donation For Fidelity Charitable

Crypto Is Now Fastest Growing Donation For Fidelity Charitable

Crypto Is Now Fastest Growing Donation for Fidelity Charitable Feb 14, 2018 at 14:00 UTC|UpdatedFeb 17, 2018 at 09:50 UTC Cryptocurrency enthusiasts have proved quite charitable, at least as far as Fidelity Charitable is concerned. Announced today, the global charity revealed it has received $69 million in cryptocurrency donations in 2017, making it the fastest-growing asset type accepted by the firm. According to Fidelity Charitable's annual report, the funds, which included donations in bitcoin and ether , came from 169 different donors. The donations represent a tenfold increase since the organization started accepting bitcoin in late 2015, a figure that grew 140 percent faster than the other options (such as real estate, shares of LLCs and bags of grain) that Fidelity Charitable accepts as donations, according to the company's vice president Amy Pirozzolo. "It is one of the fastest growing assets that we are seeing wanting to be contributed to charity. Many people who own bitcoin or other forms of cryptocurrency do want to be philanthropic." But if that comes as a surprise, perhaps it shouldn't - donations have been one of the key use cases from cryptocurrency since the beginning. In 2013, non-profit BitGive began helping other non-profits accept donations in bitcoin and shortly after, a handful of major names announced they would trial the idea. The following year, cryptocurrency exchange Coinbase launched its own service designed to support non-profits. Now,a cottage industry of consultants like Man on a Mission Consulting have popped up to streamline the process of allowing charities to accept this new type of value. According to Man on a Mission founderPaul Lamb,"I think there's a strong desire to accept not only bitcoin, but other cryptocurrencies as well, so Continue reading >>

Bitcoin Off 4%; Charity Turns To Crypto Mining To Raise Money

Bitcoin Off 4%; Charity Turns To Crypto Mining To Raise Money

Bitcoin off 4%; Charity turns to crypto mining to raise money Unicef is fundraising through cryptocurrency in-browser mining Cryptocurrency prices are lower Tuesday, with all major digital currencies in the red. A single bitcoin BTCUSD, -2.23% was last exchanged at $8,953.57, down 3.6% since Mondays levels at 5 p.m. Eastern Time on the Kraken exchange. The virtual currencys inability to push through overhead resistance and the psychologically important $10,000 level suggests it could be in for a minor correction, analysts said. We have seen an inability to surpass recent peaks, said Craig Erlam, senior market analyst at OANDA. While things are generally positive, my inclination is theres more chance of a reversal than a surge to the topside. Read: Have bitcoin investors become irrationally bullish (again)? Unicef Australia has jumped on the digital currency train, offering people the chance to donate their computer power to mine cryptocurrencies for the fund that helps underprivileged children. The charity has launched The HomePage , where people can log in and keep their browser open, which allows the company to mine Monero XMRUSD, -2.48% We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them, said Jennifer Tierney, Unicef Australia director of fundraising and communications, via cmo.com.au . As at Tuesday afternoon, over 5,000 people had offered support. Virtual currency risk medium-low says HK authorities The Hong Kong Financial Services and Treasury, or FSTB, released a report late Monday, saying virtual currencies play little impact in organized crime. In contrast to some governing bodies that suggest virtual currencies are used to fund illicit crime , the FSTB said Continue reading >>

Unicef Wants You To Mine Cryptocurrency For Charity

Unicef Wants You To Mine Cryptocurrency For Charity

UNICEF wants you to mine cryptocurrency for charity UNICEF has launched a page that lets you donate to its Australian branch without giving any money at all. All you need to do is give away part of your computing power to let it mine cryptocurrency. Over 2,600 people have already donated through what UNICEF calls The Hopepage. Users are able to set what percentage of processing power theyre willing to give the website out of a max of 80 percent. (Be careful not to set the percentage too high.) The longer they stay on the site, the more cryptocurrency theyre helping to mine on UNICEFs behalf. The site says the cryptocurrency will go toward giving children life-saving supplies like safe water, therapeutic food, and vaccines. Once you click Start Donating, a pop-up in the browser appears stating that www.thehopepage.org would like to use your computing power, assuring you that the algorithms work through your browsers sandbox so no downloads are necessary. (It appears that the site may not work on everyones computer.) The notification says its powered by Coinhives Javascript-based mining tool. Thats the same tool used by Salon as an experimental alternative to generating ad revenue, and weirdly by Showtime websites for a brief period of time. The tool mines Monero, an alternative to bitcoin that is said to be more private because it shuffles users identifying information. Although Monero can rarely be used to purchase goods directly, it can be easily turned into fiat currency to buy supplies. The Hopepage shows you the hash rate the speed at which youre mining cryptocurrency in the upper right corner. For me, it said six hashes per second when I gave the site 20 percent of my 2015 MacBook Airs computing power, a tiny but admirable effort. Once youre donating, the page als Continue reading >>

Setting Up A Charity To Accept Bitcoin Ethos Ethereum

Setting Up A Charity To Accept Bitcoin Ethos Ethereum

Setting Up A Charity To Accept Bitcoin Ethos Ethereum There are mining rigs with just 1 GPU and there are ones with 8, so yes it would work with 3. Mining software is a tool that could be used to access repositories and analyze the rich data contained in. The CMD prompt appears and then closes within a second. The block reward is what keeps miners incentivized to continually try to find a solution to the puzzle and lend their computational power to the network. Their support since day one has helped make this journey possible. Ethereum Classic ETC In Adelaide SA, How Safe Is Binance Poloniex Send Ticket going rate for 1Kwhr is 36c, not 10c that most seem to base their calcs on. So mom, this is for you. For instance, Immature Balance: Custody is one of the most important contemporary issues within the financial industry. Block Reward A payment, in the form of cryptocurrency or fees, offered to the miner of a successfully hashed block on a blockchain. The Bitcoin mining network is currently performing at approx. Poloniex Deposit Fees Real Trading Crypto Currencies New the frontend just down or is our hashrate being effected from a ddos or more? This is how cryptocurrency works. Each has a different amount of data it can store, and there are large variations of speed in which the data can be transferred. This is possible in two ways, a local wallet or an online wallet. What makes it more appealing is the cost. Currently, when you want to send money to your uncle in North Dakota, you are probably going to use a third party to accomplish the task. Event listeners integrated with push notifications to keep you informed of all your blockchain transactions. Launch this bat file every time How To Buy Bitcoin Online With Debit Card Coinbase Recurring Ethereum you start mining. S Continue reading >>

Unicef Asks Gamers To Mine Cryptocurrency For Syrian Children

Unicef Asks Gamers To Mine Cryptocurrency For Syrian Children

UNICEF Asks Gamers to Mine Cryptocurrency for Syrian Children The invention of cryptocurrency is a revolution in modern finance but it has far reaching implications in many other fields as well. For example, a new initiative by UNICEF harnesses the power of mining to create a new form of philanthropy. Syrian children playing in a refugee camp On February 2nd, The United Nations Childrens Fund (UNICEF) has launched a new fundraising program meant to help finance the needs of protecting Syrian kids. Called Gamer Chaingers, it uses cryptocurrency mining as a method to raise funds without asking for monitory donations. People who wish to participate in the innovative UNICEF program can visit its website , download the mining software and receive simple instructions on how to operate it. According to the displayed statistics on the site, the program already has 249 mining participants as of the time of this writing. The website explains to those unfamiliar with the field that: Today, humanitarian collections often solicit the same people with the same methods, but cryptocurrencies and their revolutionary approach are an opportunity to raise funds differently. Have you heard of Bitcoin? Ethereum is the same, except that you can more easily mine the Ethereum coins via your computer and that money will go directly into the UNICEF wallet. PC gamers are not exactly the usual crowd that charities target for fundraising and donations, but they now hold a valuable resource thanks to the invention of cryptocurrency mining. Powerful graphics cards are used to render games faster and with higher resolutions, but they can also be used to generate cryptocurrencies. While professional GPU miners have their systems running without any down time as much as possible, gamers have to eat, stu Continue reading >>

Unicef Recruits Gamers To Mine Cryptocurrency For Syrian Kids

Unicef Recruits Gamers To Mine Cryptocurrency For Syrian Kids

UNICEF recruits gamers to mine cryptocurrency for Syrian kids It hopes to appeal to young people's desire to do social good. UNICEF has launched a new fund-raising project in the same vein as [email protected] and [email protected] , but with a cryptocurrency spin. In an effort to raise money for the children in war-torn Syria, the organization is asking gamers, eSports fans and anybody with powerful graphics cards in their computers for help in mining Ethereum. It's calling the new project "Game Chaingers," and joining it is as easy as going to its website , giving it a few details about your system so it can configure the mining software and installing that software to your PC. Game Chaingers uses your graphics card's power to mine for cryptocurrency, which then goes straight to UNICEF's account. Of course, the more participants there are, the more coins it can mine -- if the hundreds of millions of gamers around the world help out, the organization can raise a considerable amount. UNICEF says it created the project out of a need to find new donors, since most of its benefactors are already over 50. By asking to borrow PCs' processing power instead of straight-out appealing for cash, even those who wouldn't usually give to charities could contribute. When we asked the UN organization for children's rights whether running the program will cause your PC to consume more electricity than usual, a spokesperson told us that it won't. Your computer will still use the the same amount of electricity that it usually does, since it's not exactly the same as mining for bitcoins on your own. UNICEF will only borrow part of your processing power and only asks "for a punctual and brief participation." So, if the only thing keeping you from installing the software is its energy use and/or envir Continue reading >>

Bitcoins For Charity

Bitcoins For Charity

WikiLeaks brings truth to the world by publishing fact-based stories without fear or favour. You can help support our independent media by donating financially. Our organisation exists because of the work of many volunteers who have contributed thousands of hours to building WikiLeaks from the ground up. You choose how much you can donate; we don't recommend any particular amount. Just do what you think is right. KRAD Bitcoins anonymously donated to this organization: BTC What's with the limited number of available organizations to mine Bitcoins for? We've chosen to only add organizations that have their own BTC hash to accept donations at, so that we can maintain total transparency about the operations here at Bitcoins for Charity. It also allows us to offer donors and miners granular metrics for each entity. What's the difference between donating Bitcoins and donating USD/EUR to a charity or NPO? Bitcoin is a cryptographic currency, and anonymous by nature. What this means is that all donations are also anonymous in nature, unless a donor chooses to identify themselves. Bitcoin's underlying peer to peer architecture allows organizations to be completely transparent about donations received, without having to provide their own platform for metrics; they can focus on helping those they set out to. I don't have an OpenCL/WebCL enabled device that works with KRAD, how can I still help? Don't worry, you might not be able to accumulate Bitcoins as fast as the miners with Radeons, but you can still acquire Bitcoins to donate: Download and set up guiminer to use your nVidia GPU to mine Bitcoins for a charitable organization. If you're skilled in the speculation game, try your hand at the Bitcoin exchange market, Trade Hill . Continue reading >>

How To Donate With Bitcoin

How To Donate With Bitcoin

The better part of the cryptocurrency community is aware of the advantages Bitcoin has when compared to traditional payment systems. Its decentralized nature allows it to skip middleman fees that are often too expensive in centralized systems. These are replaced by network fees that are given to miners as a reward for their work. Furthermore, transactions are uncensorable, meaning that no form of authority can dictate which transactions should and should not happen. Furthermore, transactions are uncensorable, meaning that no form of authority can dictate which transactions should and should not happen, allowing users to retain full control of their finances. The pseudonymous nature of Bitcoin also allows it to be a flexible tool that is useful both for anonymous or transparent payments, meaning that anyone can retain their privacy (if they know what they're doing), but they can also use the blockchain as an immutable proof of payment, ensuring maximum transparency. These characteristics have made Bitcoin a superior tool to be used in various areas. One of the most relevant examples would be charity. Bitcoin allows donators to give back in an anonymous way, while still allowing them to keep track of their donation and what it's used for. The global nature of Bitcoin has made donations much more efficient by skipping middleman and conversion fees and allowing funds to be transferred almost immediately. So, why are we telling you all this? It's no secret that the charity "business" has ashady side where many CEOs from large charity organizations pocket considerable profits and only a small portion of the donations ever reached those in need. Bitcoin, however, can put an end to all this. One can donate in an efficient and transparent manner, allowing the world to follow th Continue reading >>

Boston Programmer Crowdsources Bitcoin Mining For Charity

Boston Programmer Crowdsources Bitcoin Mining For Charity

Boston programmer crowdsources bitcoin mining for charity Bitcoin nonprofits cryptocurrencies Compute for Humanity A Boston developer has launched an online project called Compute for Humanity with the goal of enablingpeople to give to charityby offering up processor power on their home computers instead of cash. The creator is 24-year-old Jacob Evelyn , a Yale graduate with aday job ated-tech startup Panorama Education, whobuilt software that would mine cryptocurrencies remotely. Mining is an activity that takes place when acryptocurrency transaction occurs. Its somewhat akin to solving a math problem, and the entity that successfully solves itisrewarded with a small amount ofcryptocurrency. But mining is typically hard work for regular home computers.Evelyns approach approach at Compute for Humanity isto distribute the load over multiple volunteer PCs so no single computer will feel the heft. Thiscrowdsourcing approach was inspired by other so-called distributed computing projects like [email protected] which allows home computers to participate in the search for extraterrestrial life, andStanfords [email protected] , which studiesprotein foldingerrors in a bid tounderstand diseases likeAlzheimers andParkinsons. In addition, he wanted it to be user-friendly, so easy to use that my 95-year-old grandma can use it. And in fact, he reports, she does. Visitors to the Compute for Humanity website can download a application that Evelyn created. The program runs in the background, using thecomputers processor to solve algorithms, which generatescryptocurrency when successful. Those are exchanged for dollars, and then donated to the charity that you pick. The three charities initially part of the project are: Pencils of Promise , a New York-based nonprofit, San Francisco healthcare nonpro Continue reading >>

Tiny Towns, Small States Bet On Bitcoin Even As Some Shun Its Miners

Tiny Towns, Small States Bet On Bitcoin Even As Some Shun Its Miners

The Pew Charitable Trusts Research & Analysis Stateline Tiny Towns, Small States Bet on Bitcoin Even as Some Shun Its Miners Tiny Towns, Small States Bet on Bitcoin Even as Some Shun Its Miners Workers look over racks of bitcoin data miners during construction of a bitcoin data center in Virginia Beach, Virginia. While some places are shunning mining companies, others are embracing any blockchain-related new businesses. Things have been kind of crazy in Massena, New York, since the bitcoin miners came to town. So crazy that Steve OShaughnessy, the new town supervisor, says he hasnt unpacked his office since he started his job in January. OShaughnessy says its a good thing, though. In the past decade, his town of about 13,000 on the St. Lawrence River has lost much of its main industry as a powertrain plant closed and an aluminum manufacturing plant downsized. But now, one and possibly two bitcoin mining companies are moving in, and they have promised to create dozens of jobs. Across the United States, bitcoin miners who set up computers to solve complex math programs and unlock new bitcoin are rushing to small towns and wide-open states with cheap rent, land or electricity. Many places are shunning the bitcoin mining companies, saying they suck up too much electricity without producing jobs. But places such as Massena are putting out the welcome mat not just for bitcoin miners, but for any and all cryptocurrency industries. The idea is to attract entrepreneurs who are developing new uses for blockchain technology, which records agreements and transactions on an open, online ledger. Bitcoin was the original blockchain technology, but enthusiasts envision a world in which the entire economy runs on the technology, allowing people to buy their homes, write their wills and Continue reading >>

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