2.Several charities have been exploring this concept with some success.
Over 59 days at the start of 2018, UNICEF launched an initiative called Game Chaingers, which aimed to inspire young people to do something good for society.
The children's charity appealed to people with powerful graphics cards in their PCs, such as gamers, to use their spare computing capacity to mine Ethereum.
More than 12,000 computers were aggregated during the appeal and a total of 85 ETH was raised.
The funds went towards helping children affected or displaced by the Syrian civil war.
For charities, this can be a way of attracting supporters who may not have the make a financial contribution, but still want to help.
Such schemes aren't necessarily perfect.
Mining can be energy intensive and even harmful to the environment, meaning charities walk a fine line in doing more harm than good.
UNICEF stressed that its initiative didn't result in additional electricity usage, preventing participants from racking up hefty bills.
Blockchain in Charity, Explained
pubblicato su Aug 3, 2018
by Cointele | pubblicato su Coinage
Coinage
Notizie recenti
Vedi tutti
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.