Companies always look for alternative means of generating income when the crypto chips are down. Razer, a gaming equipment intends to pay gamers to mine crypto with the use of their graphics cards.
Razer SoftMiner, which is the new crypto rewards program allows users to put their GPUs to work mining “Silver.” One thing is that miners are rewarded in discounts according to what the company offers.
According to PC Gamer, it comes with the caveat that runs the software. The firm stated that: “Have a gaming rig on idle at home? Here’s a new way to score Razer Silver: launch Razer SoftMiner on your PC and start racking up Silver—one step closer to the reward you want, for doing nothing at all.”
The FAQ explained that “We work with crypto mining technology to harness your computer’s GPU. In turn, we award you with Silver, giving you access to Razer’s ecosystem and suite of rewards.”
The San Francisco based company will keep the crypto mined by users and provide them with other tokens to trade for ‘rewards.’It has not determined the exact cryptocurrency that will be mined, but it has to be one that can be done with the use of graphics cards
In addition, Razer stated that the specifications of the GPU will influence mining speed. The siver mined gets expired after a year so it must be renewed before the due date.
Taking the electricity’s cost into consideration and also the wear and tear on the hardware, this does not seem profitable at all.