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2018-09-03 14:25:27

Blockchain Startups Diginex, Symbioses Plan To "Exponentially Increase" Crypto Mining Profitability

Blockchain and digital services platform Diginex has signed a Memorandum of Understanding (Mou) with decentralized cloud computing company Symbioses. Per the MoU, both companies will create a supercomputer network that will “automatically screen [crypto] market conditions … [and] use available market information” to determine which cryptocurrencies to mine for maximum profits. Symbioses' proprietary technology will be used to provide the supercomputer network's backbone at a large data center in Europe. Diginex's distributed ledger technology (DLT) based infrastructure will also be used to set up the mining network.