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These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement.
Readers are cautioned not to place undue reliance on these forward–looking statements, which reflect management's analysis only as of the date hereof.
Upon launch, MGT plans to offer the world's most secure mining pool, branded Mac Pool, using the Company's proprietary cybersecurity utilities, and hosted exclusively on U. With Bitcoin valued at all-time highs, and consumer adoption reaching an inflection point, transaction numbers are expected to grow significantly.
The growth in daily commerce using Bitcoin will increase the importance of aggregated mining pools to verify and report transactions to the Blockchain.
ACDC provides an end-to-end approach from detection to protection.
ACDC will build on the data acquired through its European centre to create prevention strategies and improve the awareness and adoption across users.
ACDC currently operates as a 30 months EU-supported pilot project, ending in July 2015 and aims to continue as a self-sustained infrastructure beyond the end of the project.
Initiated by 28 partners from 14 countries, ACDC is open to stakeholders from industry, public authorities and academia across Member States.
Large and respected Bitcoin mining operators will rapidly take over the enormous transaction processing requirements necessary for all companies to secure themselves in the near future.Started in February 2013, the European Advanced Cyber Defence Centre (ACDC) aims to create a community of stakeholders joining forces to fight botnets.ACDC provides a complete set of solutions accessible online to mitigate on-going attacks and targeted both to end-users and to network operators.Also as part of its corporate efforts in secure technologies, MGT is growing its capacity in mining Bitcoin.Currently at 5.0 PH/s, the Company's facility in produces about 100 Bitcoins per month, ranking it as one of the largest U. Further, MGT is in active discussions with financial partners to grow Bitcoin output materially.