Furthermore, MGTI’s annual filing details the company purchased over 400 mining devices from Bitmain Tech last year for its U.S. Additionally, the report reveals the firm’s development of “MGT Sentinel,” an intrusion monitoring platform created to protect corporate intranets from malicious hacking. The SEC filing also details the company’s investments in the gaming sector and smartphone applications.
Bitcoin Mining is Part of MGTI’s Security Vision As a publicly-traded company, MGTI leverages our unique opportunity to provide investors with a suitable proxy to participate in the profitable bitcoin mining space. Large and respected bitcoin mining operators will rapidly take over the enormous transaction processing requirements necessary for all companies to secure themselves in the near future. “Our mining pool is a natural outgrowth of our investment in blockchain technology as a foundation for future cyber security products,” explains John McAfee, CEO and Executive Chairman of MGTI. Macpool will give investors a chance to get involved in the mining environment, explains McAfee. The pool is scheduled to be available to the public sometime in the second quarter of 2017 says the investment firm. The recent SEC report filing follows MGTI’s latest bitcoin mining pool announcement which will be dubbed Macpool. Further, MGT is in active discussions with potential financial partners to grow bitcoin output materially.” McAfee’s Macpool will be going public soon
“The Company’s facility in WA state produces about 100 Bitcoins per month, ranking it as one of the largest U.S. “As part of its corporate efforts in secure technologies, MGTI is growing its capacity in mining bitcoin,” explains the company’s annual report to SEC. Now according to documents submitted to SEC the company says it is one of the largest mining facilities in the U.S. “Our partnership with an iconic name such as Bitmain Technologies is a major milestone for MGTI as it executes a plan to become the major player in bitcoin throughout the western hemisphere,” McAfee said at the time.
Last October MGTI announced a letter of intent in collaboration with the Chinese company Bitmain, as the two firms plan to bring more mining facilities to the U.S. MGTI aims to acquire a vast portfolio of cyber technologies, and part of the plan is bitcoin mining. Over the past year, the company has announced several strategic moves within the online security and cryptocurrency ecosystem.
#Macpool mgti software#
The company MGTI is well known for being owned by the staunch libertarian software entrepreneur John McAfee. John McAfee, CEO and Executive Chairman of MGTI.
According to the SEC documents the firm is mining 100 bitcoins per month alongside developing a mining pool called “Macpool.”Īlso read: Bitcoin Proponents Are Laser Focused on One Particular Mining Pool MGTI Claims to be One of the Largest Mining Operations in the U.S. In a recent Securities and Exchange Commission (SEC) annual report filing, the company claims to be one of the largest mining operations in the U.S. Sci.MGT Capital Investments (MGTI), the company led by the former anti-virus tycoon John McAfee, has revealed the firm’s bitcoin mining revenue. Nye, Propriétés Physiques des Matériaux (Dunod, Paris, 1961) Payne, ZeitschriftfürKristallographie-Crystalline Mater 220(5), 567 (2005) Kainer, Magnesium Alloys and Technology (Wiley, New York, 2003) The variation of structural, mechanical, anisotropy, and electronic properties of \(\hbox \).
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