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Asus Allowing Gamers to Mine Crypto

Asus Allowing Gamers to Mine Crypto

in Bitcoin & Cryptocurrency published on 5, December 2018

Gamers will now be able to earn cryptocurrency while they play, according to a new feature introduced by tech giants Asus which will allow excess processing power to be diverted to mining for crypto.

The Taiwan-based company has unveiled a new partnership with Quantumcloud, a mining app which accesses users’ graphics cards while they’re not being used in other processes, effectively allowing gamers to earn crypto in the background.

Earnings are paid out by PayPal or WeChat, with revenue generated from cloud-based miners leveraging users’ graphics cards, delivering what Quantumcloud claims is a form of “passive income.”

The app is fully compliant with EU GDPR regulations, and will ensure the security of user information with no need to create a login or register to participate.

“As part of its pledge to protect user data, Quantumcloud launched with GDPR compliance in place and does not require customers to create a unique login. Instead, customers use their existing PayPal or WeChat account to log in and collect their earnings.”

The firm went on to stress that earnings were dependent on the fluctuations in cryptocurrency markets, and that there could be no guarantees of specific amounts.

“Earning rates may change based on the performance of the cryptocurrency market and cannot be guaranteed or influenced in any way by Quantumcloud.”

Cryptocurrency miners typically use graphics cards to mine cryptocurrencies, either individually or in a group with other miners, known as a mining pool. This is generally conducted through mining software, or in the case of bitcoin, mining through a dedicated processor known as an ASIC, to take account of the extreme cryptographic difficulty in mining new blocks.

With gamers now able to mine on the fly, the Asus/Quantumcloud partnership makes it easier for users to mine for cryptocurrencies passively – essentially earning money while they game.

It comes at a time of falling demand from corporate miners, reflective of weakness in the bitcoin markets. However, with the spoils from background mining essentially free money, it’s likely this will still prove an attractive proposition for Asus gamers.