July 16, 2018 329By Adrian Barkley
“Once mined, all of the micro-fractions of Bitcoin automatically transfer to the Change.org Foundation account and become donations. Change.org estimates that 10,000 computers, using the screensaver for 12 hours every day, could raise around 10,000 USD worth of Bitcoin in one month. The project is also open source, meaning that other NGOs can develop their own fundraising projects using the platform.”See more for yourself, here. The donations will fall into a pool created by Change.org and will be distributed to the many different charities that operate through the Change.org platform. This is important because it means people and companies cna get involved with this product in the knowledge that their donations are helping a range of different charities and are not simply just focused on one. We will no doubt see more of this sort of stuff. This could cause environmental issues in the future but we know that the industry is working towards making mining a cleaner process. We must also consider that cryptocurrency mining won’t be around forever. Like gold, crypto is a finite resource (otherwise it would have no value) and therefore charities can’t rely on this technology forever. They might as well make the most of it now though, right?