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Consumers can mine cryptocurrency that isn't cryptocurrency in order to earn credit for Razer's store

Consumers can mine cryptocurrency that isn't cryptocurrency in order to earn credit for Razer's store

As the cryptocurrency market all but crashes, PC games hardware specialist Razer has launched a rewards program centred around this digital money. Sort of.

The Razer SoftMiner scheme allows consumers to mine an un-named cryptocurrency, which users do not get to keep, but instead is exchanged for a credit currency called Silver that can be used against Razer hardware and accessories.

Keeping up?

In an FAQ, the firm warns that the program "uses a substantial amount of your GPU power to ensure you get the highest Razer Silver yield possible".

Interestingly enough, Razer also denies that Silver is a cryptocurrency, but does admit that it uses cryptocurrency technology.

Again, keeping up?

In addition, Silver is only valid for 12 months, encouraging users to spend. There is no daily cap on how much can be earned, but Razer reckons customers can generate about 500 units of Silver in a single day.

That means that means consumers have to leave their computer on for three days straight to reach the lowest level of Silver that can actually be spent on anything, 1,500. For that, users can get a $5 discount on Razer's online store, a ten per cent discount on Loot Crate or 30 per cent off at Holy Potatoes merchandise. 


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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