UNICEF Allows Gamers to Mine for Children in Syria

Game Chaingers allows gamers to lend their powerful GPUs and help the humanitarian fund mine Ethereum for the Syrian children
02 February 2018   2504

The United Nations Children's Emergency Fund (UNICEF) launched a platform called Game Chaingers where gamers can lend their powerful GPUs and help the humanitarian fund mine Ethereum for the Syrian children.

To participate in this operation, all you need to do is to install Claymore, a mining software. You will be able to start or stop mining when you want and generate Ethereum right in UNICEF’s electronic wallet.

 

The Game Chaingers website statement

At the moment of writing, the fund has raised €16 with 4 active contributors sharing 188.44  MH/S. There are only 9 contributors in total so far.

UNICEF also said that contributor's PC will not consume more electricity than usual and it will still use the same amount of electricity that it usually does since it's not exactly the same as mining for bitcoins on your own. It is stated that Game Chaingers’ mining efforts will continue until March 31.

UNICEF has also posted the address of its Ethereum donation wallet on the official Game Chaingers website for those who want to contribute to this initiative but lack the computing resources.

We have recently reported that the UNICEF Innovation Fund is planning to invest $50 - 90 thousand to provide early-stage finance to blockchain technology start-ups that have the potential to benefit humanity

Two Mining Pools to Gain 50% of the BCH Hashrate

Media reports that Coingeek and BMG Pool are affilated with odious Australian entrepreneur Craig Wright
18 September 2018   114

The centralization of Bitcoin Cash mining has reached a new level after only two pools - Coingeek and BMG Pool - have established control over more than 50% of the total network hash. This is reported by Trustnodes.

Bitcoin Cash Mining Pools
Bitcoin Cash Mining Pools

Earlier today, there were also reports that at some points the aggregate capacity of both pools reached 58%.

While BMG Pool directly belongs to the odious Australian entrepreneur Craig Wright, the no less scandalous Calvin Ayre, who maintains close ties with Wright, is considered the nominal owner of Coingeek.

The current situation, the media believes, does not exclude the possibility of collusion of the 51% attack on the network. In particular, in this case there is a probability of double spend of coins, which, accordingly, will force the exchange to increase the number of required transaction confirmations.

At the same time, the current situation is likely to be a demonstration of power by Craig Wright on the eve of the November upgrade of the network. As a result of disagreements between different groups of developers, it is still possible that Bitcoin Cash, which at one time split from bitcoin, will itself be split into two separate chains.

Note that the Bitcoin Cash hashrate on the whole continues to remain at a fairly low level, accounting for less than 8% of the bitcoin.