Mumbai, Nov 30: Taiwan-based electronics major ASUS on Friday said it entered into a partnership with Quantumcloud, a start-up with a software solution that allows gamers to use their idle graphics cards to mine cryptocurrency and receive a digital cash payout through PayPal or WeChat. Asus ROG Phone Gaming Smartphone Launched; Priced in India Rs 69,999.
Quantum Cloud uses some of the user's graphics processing unit's (GPU) power to run powerful Cloud-based applications. These applications generate profit for the platform, and the users earn a cut based on the amount of GPU power provided.
As a leading player in the world-wide graphics card market, ASUS said it was uniquely poised as a distribution partner for the Quantumcloud app, which delivers cash to customers depending on how efficiently their system mines cryptocurrencies. Asus Zenfone 5z Review: An Affordable Choice with Premium Looks and Flagship Performance.
ASUS brings many high-end graphics cards to the market every year and has a large user base that can potentially earn a "passive" income by installing Quantumcloud's software.
Quantumcloud said it does not require customers to create a unique login, and keeps customer data safe. Instead, customers can use their existing PayPal or WeChat account to log in and collect their earnings.
(The above story first appeared on LatestLY on Nov 30, 2018 01:18 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).