ASUS unveils a mining graphics card

A bit late to the party

ASUS has just launched a new mining graphics card, which seems rather odd considering that exchange rate of cryptocurrencies across the board are in free fall. Nevertheless ASUS has thought it would be a smart idea idea to partner up with Quantum Cloud, where you can basically donate your spare GPU cycles, which will then be turned into cryptos for you.

All earnings will be moved automatically to either your WeChat or Paypal account. While this sounds good on paper the reality shows that currently mining cryptocurrencies is far from being profitable, as the exchange rates to USD are going down continuously. It looks like ASUS is pretty late to the party and such a product should have been introduced a year ago and not now. Back then Ethereum was at its peak of approximately $1'400 US and now it’s basically worth a tenth of that: $113 US.

According to Quantum Cloud's website, a gaming PC with a GeForce GTX 1070 could generate 20'000 Quantum Dots per day. If the scenario is right, your slice of the cake could be something like $10 US by month without factoring in power consumption. If you are curious, you can download the official application and try it on your gaming PC.

Source: ASUS

News by Luca Rocchi and Marc Büchel - German Translation by Marc Büchel - Italian Translation by Francesco Daghini

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ASUS unveils a mining graphics card - Crypto - News - ocaholic