Gaming {hardware} producer Razer has launched an app that rewards customers for mining cryptocurrency – however not with both money or crypto.

Introduced Wednesday, the app, dubbed Razer SoftMiner, allows gamers to make the most of their idle graphics playing cards to mine for brand new transactions blocks on the ethereum blockchain, amongst different networks. Whereas mining instantly utilizing software program purchasers or through different apps earns pc house owners cryptocurrency, SoftMiner as a substitute rewards them with loyalty factors beneath Razer’s Silver program; the quantity of “silver” they get is dependent upon the processing energy of their computer systems and the period of time devoted to operating the app, amongst extra technical elements.

The loyalty factors can later be redeemed in-store for reductions on Razer merchandise, merchandise, reward vouchers and extra, the agency says.

The app has additionally seen some push-back on social media, with one Twitter consumer summing up the app concept as: “Razer SoftMiner makes use of your GPU to mine cryptocurrency, however you don’t get the cash.”

SoftMiner has been constructed utilizing the identical engine as GammaNow, an identical desktop app that rewards customers for handing over their unused GPU processing energy.

Whereas the information may appear a simple means for house owners of highly effective gaming machines to earn some additional cash-equivalent, it comes as miners are struggling to make ends meet with costs down at the very least 80 p.c throughout many cryptos this 12 months. Consequently, single GPU miners are unlikely to make vital earnings even when mining instantly through devoted software program.

Final month, Taiwan-based tech large Asus equally moved to enable players to make use of their graphics playing cards to earn a share of income from cryptocurrency mining. Asus partnered with mining app supplier Quantumcloud for the trouble and pays customers out in money through PayPal or WeChat.

Gaming picture through Shutterstock





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