These Made-in-Taiwan PCs will allow my players to encrypt them in cryptocurrencies

[ad_1]<div _ngcontent-c14 = "" innerhtml = "

Cryptocurrency mining is normally performed by high-end rigged computers with expensive and powerful processors. Now, & nbsp;Asustek Computer, & nbsp; a Taiwanese hardware company with a record for experimental devices, is installing software on its gaming PC that will allow users to extract cryptocurrencies while they are not halfway through the game. Players will be able to deploy graphics processing units or GPUs, to authenticate blockchain transactions and earn digital currencies, according to technological media reports. Asustek will provide the mining software from the Quantumcloud blockchain technology provider.

The new scheme will probably give the Taiwanese technology company more commonly known as Asus a new way to market its PCs, allowing it to increase sales amidst the tough global competition for players, tech analysts say. That is, & nbsp; when & nbsp; the prices of the cryptocurrency & nbsp; they reverse their downward trend. & Nbsp;

"Crypto-mining from unused PCs is rare today," says Neil Mawston, executive director for wireless devices with Strategy Analytics market research firm in the UK. "It's practiced by PC fans and home-build technology fanatics, but it's still not a mainstream feature."

How the scheme works

Asus has declined to comment on this report, but technology experts say the use of inactive GPUs will enable daily users of powerful PCs to become crypto-miners. PCs for hardcore gamers already have powerful GPUs, so their owners would not need to install & nbsp;specialized components for the job.& nbsp; Asus did not provide any estimate of volumes, schedule or expected prices.

Inactive GPUs would explore the blockchain, which is the official public ledger for cryptocurrency transactions, to authenticate transactions. This process creates new records on the blockchain and gives miners a small amount of cryptocurrency as a reward.

Spending on gaming PCs of all brands was & nbsp;designed to go up to more than $ 9 billion by $ 6.7 billion by 2015 in 2015, as end users make upgrades or replacements, says market research firm Gartner. Asus is confronted with Acer, Dell and MSI, among others for player dollars.

Payback & nbsp; when cryptic prices increase again

Bitcoin prices have plummeted by 67% this year, making it much more difficult for miners to earn a profit. Furthermore, mIn addition, it has become increasingly competitive due to the influx of new players as reward formulas become more complex. The cost of mining has exacerbated the fall in encrypted prices, according to a & nbsp;analysis from Coinswitch.co. So, what is the Asus ending?

More on Forbes: & nbsp;Asus Just Built The dual-screen laptop of the future – Coming up in 2019

"I'm worried that Asus is just trying to get rid of the interest in cryptocurrency in the last year or so," says Bryan Ma, vice president of device research with IDC market analysis company in Singapore. "And to make matters worse, the market has collapsed in recent weeks, causing Asus to look late to the game."

Another risk, says Ma, is the heavyweight competition of mines sometimes known as ASIC farms (application-specific integrated circuit). They & nbsp; implement computer racks committed to solving cryptographic calculations on the blockchain. & Nbsp;

Other sellers have tried what Asus & nbsp; is also proposing, reducing its novelty value, says Michael Yum, CEO of the game developer PM Studios. & nbsp; "meIt will simply be an agreement that rides the banks of other industry innovators, which is surprising because Asus & nbsp; it is usually in the front row in terms of technological innovation, "he & nbsp; says.

However, blockchain technology is expected to grow as banks and stock markets increasingly use it in the development of financial technology, a field better known as fintech. The global fintech-blockchain market in 2017 was worth $ 23 million in 2017, for an estimated value of $ 22.58 billion by 2025, Envision Intelligence & nbsp;estimates.

Asus earned net income of NT $ 16 billion in 2017, down 19% from the previous year. The company has declared that its revenues amounted to NT 434 billion dollars "growing competition& nbsp; in the whole sector. "& nbsp; Gaming GPUs & nbsp; doubling as cryptic mining tools will probably reinforce those figures when cryptic prices rise again, but perhaps more as a marketing tool than as a sales driver.

"It's something you can use as a hook to attract players," says Tracy Tsai, a Gartner research VP in Taipei. "The main purpose will not be to make money."

">

Cryptocurrency mining is normally performed by high-end rigged computers with expensive and powerful processors. Now, Asustek Computer, a Taiwanese hardware company with a record for experimental devices, is installing software on its gaming PCs that will allow users to extract cryptocurrencies while they are not mid-game. Players will be able to implement graphics processing units or GPUs, to authenticate blockchain transactions and earn digital currencies, according to media reports. Asustek will provide the mining software from the Quantumcloud blockchain technology provider.

The new scheme will probably give the Taiwanese technology company more commonly known as Asus a new way to market its PCs, allowing it to increase sales amidst the tough global competition for players, tech analysts say. That is, whenever cryptocurrency prices reverse their downward trend.

"Crypto-mining of unused PCs is rare today," says Neil Mawston, executive director of wireless devices with Strategy Analytics market research firm in the UK. "It's practiced by PC fans and home technology fanatics, but it's still not a main feature."

How the scheme works

Asus has declined to comment on this report, but technology experts say the use of inactive GPUs will enable daily users of powerful PCs to become crypto-miners. PCs for hardcore gamers already have powerful GPUs, so their owners would not need to install specialized components for the job. Asus did not provide any estimate of volumes, schedule or expected prices.

Inactive GPUs would explore the blockchain, which is the official public ledger for cryptocurrency transactions, to authenticate transactions. This process creates new records on the blockchain and gives miners a small amount of cryptocurrency as a reward.

Gaming PC spending on all brands has been estimated to rise to over $ 9 billion by $ 6.7 billion in 2015 by 2020, as end users make upgrades or replacements, says market research firm Gartner. Asus is confronted with Acer, Dell and MSI, among others for player dollars.

Payback when the encryption prices increase again

Bitcoin prices have plummeted by 67% this year, making it much more difficult for miners to earn a profit. Furthermore, mEntry has also become increasingly competitive due to the influx of new players as reward formulas become more complex. The cost of mining has exacerbated the fall in encrypted prices, according to a Coinswitch.co analysis. So, what is the Asus ending?

More on Forbes: Asus Just Built The dual-screen laptop of the future – Coming up in 2019

"I'm worried about the fact that Asus is just trying to get rid of the interest in cryptocurrency in the last year or so," says Bryan Ma, vice president of device research at the IDC market analysis company. Singapore. "And to make matters worse, the market has collapsed in recent weeks, causing Asus to look late to the game."

Another risk, says Ma, is the heavyweight competition of mines sometimes known as ASICs (application-specific integrated circuit). They deploy computer racks committed to solving cryptographic calculations on the blockchain.

Other manufacturers have also tried what Asus is proposing, reducing its novelty value, says Michael Yum, CEO of the game developer PM Studios. "IIt will simply be an agreement that rides the banks of other industry innovators, which is surprising because Asus is usually in the front row in terms of technological innovation," he says.

However, blockchain technology is expected to grow as banks and stock markets increasingly use it in the development of financial technology, a field better known as fintech. The global fintech-blockchain market in 2017 was worth $ 23 million in 2017, according to estimates of $ 22.58 billion by 2025, estimates by Envision Intelligence.

Asus earned net income of NT $ 16 billion in 2017, down 19% from the previous year. The company stated that its revenues amounted to NT 434 billion among "growing competition across the industry." Game GPUs that will double as encryption tools will probably reinforce those figures when cryptic prices go up again, but perhaps more as a sales driver's marketing tool.

"It's something you can use as a hook to attract players," says Tracy Tsai, a Gartner vice president of research in Taipei. "The main purpose will not be to make money."