THELOGICALINDIAN - MGT Capital Investments led by John McAfee has aloof active a letter of absorbed with the mining close Bitmain Technologies Limited The accord aims to focus on architecture North American Bitcoin opportunities
Also read: John McAfee to Join ‘Blockchain: Money’ Conference in London
MGT Capital Investments & Bitmain’s Joint Bitcoin Venture
The collective adventure amid MGT and Bitmain will activate by absorption efforts on a accompaniment of the art Bitcoin mining pool. The companies said the “McAfee Pool” will accept abounding allowances that added mining pools do not include. Some of the appearance will be an avant-garde user interface, and arrangement aegis and aegis curated by MGT’s cybersecurity framework.
Beijing-based Bitmain will action mining ability by leveraging its common administration aural the Bitcoin mining and accouterments ecosystem. The close already maintains one of the better mining pools Antpool, and able brand accessories with its Antminer series.
John McAfee, Executive Chairman of MGT, commented during the advertisement stating:
“Our affiliation with an iconic name such as Bitmain Technologies is a above anniversary for MGT as it executes it plan to become the above amateur in bitcoin throughout the western hemisphere.— This affiliation will go a continued way appear authoritative MGT a baton in the fastest growing articulation of banking and automated cybersecurity.”
A Forward Thinking Company
MGT Capital Investments has been authoritative account aural the Wall Street ambiance and throughout the cryptocurrency industry. The close is committed to accepting bookish acreage assets and technologically benign protocols.
The aggregation also recently appear its “Sentinel” technology. Sentinel is focused on the aegis of corporations and action organizations from malicious hacking. MGT is currently alive on accepting D-Vasive, a provider of anti-spy software, and Demonsaw, a book administration software platform.
Additionally, the aggregation has a portfolio which includes social, bank and gaming platforms. Moreover, MGT has a pale in DraftDay.com a arch fantasy sports belvedere with wagering capabilities. McAfee is additionally a accepter in blockchain technology and the Bitcoin protocol. He aboriginal hinted about accepting a mining operation this accomplished summer.
The above anti-virus administrator will additionally be keynoting at Bitcoin.com’s Blockchain: Money Conference, speaking about these arising technologies.
U.S. Mining Operations Could Expand
The accord amid MGT and Bitmain could be a able combination. The Bitcoin mining branch is alteration about every day, and there is a cogent absorption in China. With Bitmain’s help, MGT could actualize a above mining ability in America. There are a few operations in the U.S. including Bitfury’s Georgian abstracts facility, amid others.
MGT seems like it has its targets set on avant-garde and arising technologies configured to agitate acceptable frameworks. With McAfee abaft the helm, the allegiant libertarian’s ethics may flash through the business.
A Bitcoin operation could accord the close cogent advantage as the world’s acquittal arrangement is alteration for the better. Whatever the case may be, MGT wants to be on the beginning of this advocate economy.
What do you anticipate about MGT’s affiliation with Bitmain? Let us apperceive in the comments below.
Images address of Shutterstock, MGT, and Bitmain websites.
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