HPIL HOLDING ACQUIRES LICENSE TO A REVOLUTIONARY METHOD TO MINE ALTERNATIVE CRYPTOCURRENICES
HPIL HOLDING has signed an agreement with Virtual Solutions Ventures, LLC of Cheyenne, Wyoming whereby it has acquired a license for a browser-based technique of cryptocoin mining. This is a revolutionary method to mine alternative cryptocurrencies. Virtual Solutions Ventures has a Provisional Patent From the United States Patent & Trade Office (USPTO).
Initially the Company chose the Monero coin for its licensing. It is also discussing the prospect of mining other cryptocurrencies including the Bitcoin. The technology allows the mining of a cryptocurrency using a basic browser.
The Company is in the process of deploying a marketing plan to utilize its license and generate revenues from this technology.
VIRTUAL SOLUTIONS, THE TECHNOLOGY DEVELOPER SAID:
“We have developed a unique revolutionary technology for the mining of Cryptocurrencies. When you mine for gold, you either find it or you do not. With our software and provisional patent, gold is all around you. It’s how effective you are that matters.
One average computer running several hours a day can, on the low side, make a few cents a day. This is comparatively nothing and a real CPU rig for mining cryptocurrencies would do far better than that. However our software is meant for the masses running average computers. We would recommend at least a thousand users running the software on at least average computers. Thus the potential for a thousand computers is up to about a few hundred dollars a day or in the low five figures a month. Our software also runs on cellular phones, many video cameras and on most “internet of things” (IoT) devices. Our real goal is for HPIL HOLDING to build its sublicensees and its contract base benefiting both HPIL HOLDING and our company. HPIL can also sub license the software to cellular app creators to run with their software.”
Company Name: PublicWire
Contact Person: Dave Donlin
Email: Send Email
Address:5850 TG Lee Blvd, Suite 300
Country: United States