Today, Stax Digital-creator of popular cryptocurrency mining product Honeyminer-announced its acquisition by Core Scientific, an AI and blockchain firm.
Through the deal, Core Scientific is bringing in Stax Digital's key assets including Honeyminer's entire staff and intellectual property.
Debuting in July 2018, Honeyminer is the leading software for GPU cryptocurrency mining on personal computers.
The platform is available on Windows, and as of May, MacOS. Currently available on some 1,400 different GPU models, Core Scientific plans on using Stax Digital's IP and blockchain expertise for its management and monitoring solutions Minder and operating system, MinderOS. MinderOS will also embed mining solutions natively, a statement from the firm said.
Core Scientific CEO Kevin Turner said Honeyminer's IP and team has huge potential for his firm's current products.
"Their IP and proven experience in blockchain will enable us to continue enhancing the capabilities of our best-in-class blockchain hosting and application solutions."
Speaking with CoinDesk, Honeyminer CEO Noah Jessop said the mining service has been downloaded in 167 countries, essentially everywhere they can legally offer it.
2/ why did we sell? Together, we realized we could combine our best-in-class optimization and software platform - with the largest and fastest growing blockchain and GPU hosting company in North America.
Since the MacOS launch this past spring, the team has been developing numerous projects that will be announced in the coming weeks through Core Scientific.
Jessop said Core Scientific's MinderOS platform was a natural fit for Honeyminer, emphasizing its management platform Minder.
Honeyminer Acquired by Blockchain Firm Core Scientific
gepubliceerd op Sep 27, 2019
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.