Gaming Giant Razer Exploring Crypto

Gaming Giant Razer Exploring Crypto

Singaporean-American gaming firm Razer is currently mulling over entering the cryptocurrency space, according to CEO Tan Min-Liang.

During the company’s annual general meeting that took place earlier today, Tan said that his company’s user base was interested in digital assets.

However, Razer still has reservations about the industry’s environmental impact and graphics cards.

Related

Guggenheim's New Fund May Seek Exposure to Bitcoin. Is Scott Minerd Still Bearish?

Our user base is interested in crypto – but we’re concerned about the impact it has on GPUs and the environment. But it’s definitely something we’re exploring right now.

No RazerCoin

Still, Razer is “unlikely” to issue its own cryptocurrency, but Tan claims that it may accept “one or more” cryptocurrencies for its hardware and services.

He claims that he is personally learning about various cryptocurrencies, adding that the crypto space is still in its early days.

Back in 2018, Razer started offering virtual rewards in return for idle computing power used for its cryptocurrency mining project.

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Gaming giant ##Razer could start accepting “one or more” ##cryptocurrencies for its hardware and services ##cryptonews ##crypto ##cryptomining

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Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Gaming Giant Razer Exploring Crypto

Gaming Giant Razer Exploring Crypto

Singaporean-American gaming firm Razer is currently mulling over entering the cryptocurrency space, according to CEO Tan Min-Liang.

During the company’s annual general meeting that took place earlier today, Tan said that his company’s user base was interested in digital assets.

However, Razer still has reservations about the industry’s environmental impact and graphics cards.

Related

Guggenheim's New Fund May Seek Exposure to Bitcoin. Is Scott Minerd Still Bearish?

Our user base is interested in crypto – but we’re concerned about the impact it has on GPUs and the environment. But it’s definitely something we’re exploring right now.

No RazerCoin

Still, Razer is “unlikely” to issue its own cryptocurrency, but Tan claims that it may accept “one or more” cryptocurrencies for its hardware and services.

He claims that he is personally learning about various cryptocurrencies, adding that the crypto space is still in its early days.

Back in 2018, Razer started offering virtual rewards in return for idle computing power used for its cryptocurrency mining project.

@u.today

Gaming giant ##Razer could start accepting “one or more” ##cryptocurrencies for its hardware and services ##cryptonews ##crypto ##cryptomining

♬ original sound – U.Today

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

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