ASUS Wants Gamers to Mine Crypto When Not Gaming with Quantumcloud Blockchain Partnership
ASUS seems to be hopping on the crypto mining bandwagon. The Taiwanese manufacturer, a technological giant in the industry, wants gamers to mine cryptocurrencies when they do not use their games.
Cryptocurrency mining activities can be carried out with different hardware machines. Although Bitcoin requires ASIC miners, other virtual currencies such as Monero (XMR), ZCash (ZEC) or Ethereum (ETH) can be mined using graphics cards.
When gamers will not be playing, they will be able to mine cryptocurrencies and cash out the earnings they have using PayPal or WeChat. In order to deliver these services, the company signed a partnership with the blockchain technology provider Quantumcloud.
However, there is no information about which will be the cryptos available to be mined. In order to process the operations, Quantumcloud announced that it does not store any sensitive customer information because it is GDPR-compliant.
Additionally, the companies did not inform which could be the potential earnings for games or if they will be taking a commission for the virtual currencies that they will be mining.
However, Quantumcloud informed that it does not guarantee that users of the software will make earnings or profits. At the same time, users should be responsible for their own usage costs. Mining virtual currencies requires a lot of energy and it might not be profitable in some specific situations.
There are several companies working in the crypto mining industry. For example, AMD launched a blockchain explainer guide in which they inform how virtual currency mining works.
AMD hardware is also used for companies and individuals to mine digital assets without spending the same amount of money as in ASIC miners, which can cost a few thousands of dollars.