Asus, the Taiwan-based tech giant now provides gamers with the option to mine crypto using their graphics cards.
According to the official press release published Thursday, Nov. 29, the company is collaborating with mining app provider Quantumcloud to offer gamers an app that will allow their graphics cards to mine crypto while idle. The earnings will be paid out using WeChat or PayPal.
The app will power cloud-based miners using graphics cards owned by gamers to generate profit. According to Quantumcloud’s website, the card owners will receive a percentage based on how much computing power they provide.
In the official press release, Asus highlighted that the privacy of users’ financial data will be protected according to the General Data Protection Regulation (GDPR) guidelines.
“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,”
Even so, Quantumcloud offers no guarantees when it comes to making a profit. The company declared:
“Earning rates may change based on the performance of the cryptocurrency market and cannot be guaranteed or influenced in any way by Quantumcloud,”
The company’s statement makes sense considering the wide range of variations for electricity cost worldwide but also the current volatility of the crypto market and the bearish trend.
Right now, the mining difficulty is high and crypto prices are low so miners are having a hard time regarding profits. OVer the past weeks, hundreds of thousands of miners have left the industry and demand for graphics cards from crypto miners has also experienced a significant drop over the last months.