NEW YORK (PRWEB) January 08, 2014
The national children's foundation Songs of Love has partnered with leading Bitcoin mining company CloudHashing.com to announce the charity's acceptance of Bitcoin to help thousands of children and teens.
The announcement was made via a prominent billboard, the first of its kind in New York City, unveiled in one of the most heavily trafficked parts of the Big Apple. Watch the unveiling.
Songs of Love, previously featured on CBS's '60 Minutes' is the first nationally recognized 501(c)(3) children's charity to accept donations in Bitcoin.
“We are pleased to announce our acceptance of Bitcoin donations to the thousands of sick children we help. Bitcoin is a natural fit for us. We've found the Bitcoin community to be especially generous with causes they believe in, like ours," said John Beltzer, president and founder of the Songs of Love Foundation.
Bitcoin is an increasingly popular online currency and technology that is changing the way many are making purchases online in the same way the World Wide Web revolutionized how people connect to one another.
“CloudHashing.com is very excited to work with Songs of Love to help the children this important foundation serves. It's an honor to give back to the community in such an impactful way, and if it also helps Bitcoin become more mainstream then we feel doubly blessed," said Emmanuel Abiodun, CEO and founder of CloudHashing.com
CloudHashing.com's partnership with Songs of Love comes on the heels of the company recently being featured in the New York Times article "Into the Bitcoin Mines".
The Songs of Love Foundation is a nonprofit organization dedicated to providing personalized songs for children and teens currently facing tough medical, physical or emotional challenges, free of charge. The foundation has helped more than 24,000 children and teens.
Cloudhashing.com is a Bitcoin mining technology company where customers can purchase mining contracts and earn bitcoins via their website. It is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining.