Away From Your Computer? Can You Really Donate To Charity With This Cryptocurrency Mining Screensaver?

The Mining Screensaver donates to Change.org without you doing anything.

That venerable staple of the 1990s, the screensaver, is making a comeback – although this time it's looking to do good.

Autor*in Mark Newton, 07.18.18

I’m sure anyone who owned a computer in the 1990s spent much longer than expected messing around with the various screensavers and settings on their PCs. In hindsight, this seems a somewhat redundant activity since screensavers were only active then you weren’t actually at the computer.

In any case, the screensaver has somewhat died away in recent years, mostly due to people shifting their computing activities to other devices, but also due to the rise of power save modes and faster boot up times. However, one group believes the screensaver could make a comeback, and this time with a charitable edge.

Make Money For Charity By Doing Nothing

The Change.org Foundation was released a new screensaver which allows inactive users to mine cryptocurrency for their organisation. Dubbed The Mining Screensaver, the idea is rather simple, both in in theory and practise. When your computer detects you’ve been away for a set period of time, it starts mining the cryptocurrency Monero. Every time a computer with the screensaver completes a transaction, it generates a small fraction of the virtual currency, which is directly donated to Change.org. These virtual cryptocurrencies can then be exchanged for real cash or for various services.

Using the screensaver seems fairly straight forward. All a potential user and donor needs to do is download the app and install it like normal. Currently, The Mining Screensaver is only available for Apple computers.

Cryptocurrency mining has become a relatively hot topic in recent years, with many seeing the rise of virtual economies as beneficial to the NGO and charitable sector. Not only can they use the technology to raise funds, but the blockchain technology behind cryptocurrencies can also promote transparency as well as communitarian and collaborative action.

However, there is a rather large downside of cryptocurrency mining. Cryptocurrencies are generated when a computer completes various equations and validates transactions – processes which require electricity. To mine cryptocurrencies in any significant amount or efficiency, large mining farms are required featuring rows upon rows of mining computers. The power footprint for these endeavours is massive – with global cryptocurrency mining often outstripping the power needs of medium sized nations.

Some innovative solutions have been posed to this problem, but it still persists on a large scale and is only expected to grow in the next few years. In reality, The Mining Screensaver initiative is unlikely to contribute greatly to this problem, and does at least provide a positive outcome for this expenditure of power. Despite this, there may be some – more ecologically minded – critics out there who’d suggest if computer users want to help save the world, the easiest thing they can do it turn off their computers when not using them.

TAGGED WITH
CryptoSolarTech: Spain’s Solution for Eco-Friendly Crypto Mining

A project based in the south of Spain is aiming to solve the problem of energy consumption in the blockchain with a solar energy farm.

AidCoin: Blockchain For Charitable Good, or is the Jury Still Out?

AidCoin is an ERC20 token that aims to track charitable donations made through the Ethereum blockchain - making it easy for people to track the route of their money.

Blockchain and Land Rights: Could Increased Digitalisation and Transparency Help Make Property Ownership More Fair?

Startups, large companies and politicians are increasingly looking at how blockchain technology can help solve land rights related conflicts and tackle fraud.

Brooklyn’s Blockchain Power Grid: The Future of Clean, Green, Community Energy?

The power grid as we know it has had trillions of dollars of investment, and is a behemoth keeping the lights on. But could it be better? And how?

How Finland is Using Blockchain to Revolutionise Financial Services for Refugees

Refugees and asylum seekers forced to leave their homes are often found without paperwork, posing problems for them and for legal authorities in proving their very existence.

©
Aid:Tech Distributes Digital Identities and Donations With the Help of Blockchain

Thirty per cent of developmental aid is thought to go missing due to corruption and fraud.