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   1725

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

Mining Companies Approached Quebec

Miners are hoping to take advantage of Canadian electric utility Hydro-Quebec cheap rates
17 February 2018   142

During an interview with CTV News Montreal, spokesman Marc-Antoine Pouliot told that more than 100 crypto mining companies approached Hydro-Quebec. Few of them have already settled there.

According to Pouliot, some farms would consume more than 20x the power required for Montreal's sports and entertainment complex, The Bell Centre.

One project like that isn't a problem, but now we're talking hundreds.

Marc-Antoine Pouliot

Spokesman

Hydro-Quebec is attracting mining companies to the province with its low rates, but the cheap energy and cold weather - ideal for keeping mining machines cool.

Pouliot stated that Hydro-Quebec has a surplus of energy, which makes miners interesting clients. Taking this into account, Hydro-Quebec may raise energy rates for crypto businesses.