Security expert and crypto celebrity John McAfee has spoken exclusively to Coined Times about his new CPU mining app.
Mr. McAfee recently announced his collaboration with the Safex team by releasing a special CPU miner. The miner is called McAfee 1 Click Mining App and uses Mr. McAfee’s own mining pool to mine Safex Cash.
Mr. McAfee told Coined Times that he is backing Safex because it is a solid privacy coin.
“Many people do not understand that with Bitcoin, Ethereum, ERC-20 tokens … once a send or receive has been transacted, the agency or person on the other end is forever able to see how much is in your wallet,” Mr. McAfee said. “If your bank allowed the same freedoms to senders and receivers of your bank account, you would be angry.”
Mr. McAfee said he sees specially designed altcoins like Safex as the solution to this problem.
Privacy coins are the wave of the future.
We also asked Mr. McAfee what he thinks about 1 click mining as a concept. This new type of mining allows users to harness the power of everyday computers to mine cryptocurrency.
I believe that 1 click mining is the best solution for small to medium-sized mining operations at the present time. However, it is difficult to project that situation into the future. The technology behind cryptocurrency and blockchain is evolving rapidly. There will be fundamental and unforeseeable changes in the landscape over the next few years.
CPU mining with John McAfee
McAfee 1 Click Mining App allows you to mine Safex Cash with CPU power on basically any computer. You can also use your GPU rigs to mine using the dedicated GPU mining pool – mcafee.safex.io.
In essence, McAfee’s 1 Click Mining App is based on the Safex 1 Click Mining App. The main difference is a slightly altered graphic user interface and added wallet functionality.
This means you can use this app to send and receive Safex Cash and/or tokens. That said, sending and receiving is a passive operation and doesn’t require any interaction on your side. At any time, you can also check your current balance from within the app.
Crypto roller coaster
If you are into crypto, the past couple of weeks have been a real roller coaster ride. For the first time ever, Bitcoin mining difficulty has started to decline. With prices going down, miners are abandoning their rigs, which went from marginal to unprofitable overnight.
However, those savvy miners who listen to the market usually switch their hashing power to some promising altcoins. After all, if they find the right altcoin, they could make big bucks. If Mr. McAfee’s predictions are on the money, Safex Cash could soon become one of those profitable coins.