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MGT Capital Collaborates with Bit5ive to Produce 1-Megawatt Crypto Mining Pod


DURHAM, NC, August 14, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today it entered into a collaborative venture with Bit5ive LLC to design and manufacture a crypto mining pod capable of operating 1MW of mining hardware. The pod will be branded and sold by Bit5ive as POD5, with MGT retaining naming rights for its corporate owned […]

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Bit5ive President speaks at FLAIA forum


Robert Collazo, President of Bit5ive, was a guest speaker in a panel titled: Cryptocurrencies & Blockchain: A New Asset Class. One of the panelists sitting next to Rob during the event is Tom Lee, CNBC contributor for finance…kind of a big deal. The conference gathered asset managers, investors and global thought leaders to discuss key […]

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MGT Capital Investments, Inc. (OTCMKTS: MGTI) in a Good Place Heading Into 2018

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(MGTI) announced today an agreement with Bit5ive LLC


DURHAM, N.C., June 23, 2017 /PRNewswire/ — MGT Capital Investments, Inc. (MGTI) announced today an agreement with Bit5ive LLC to purchase up to 60 graphics processor-based mining computers. These machines will utilize the highest quality GPU cards and Intel CPU’s with a design to divide the hash rate between Ethereum (ETH) and Ethereum Classic (ETC). The utility of […]

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Ethereum is Up 4000% This Year, And The World’s Elite Are All Buying In


MGT Capital, the company run by John McAfee, said it would start to mine Ethereum — the bitcoin rival that has surged nearly 4,000% this year — in its latest bid to turn a profit. Although ethereum has since dropped in value, it’s an alteration that was predicted by experts, given its unprecedentedly excessive rise. And as this […]

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John McAfee’s latest gambit is mining Ethereum — the cryptocurrency that’s up nearly 4,000% this year

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