Blockchain firm, Core Scientific, recently announced that it has obtained Honeyminer and its whole team.
Noah Jessop, CEO Stax Digital expressed his joy about the development. He said: “…and we can’t wait to share what’s coming with everyone who has been along the journey, our team incredible partners in the space, and the entire mining community”
According to Jessop, the reason for selling the software was to bring together the firms’ resources.
The acquisition will also ensure users get a better experience when mining.
Launched in July 2018, the firm has grown to become one of the world’s leading software for GPU cryptocurrency mining on PC. Consequently, the AI hosting firm promises to improve the acquired product during the handover.
Next step for the mining software
CEO of Core Scientific, Kevin Turner, also expressed delight at the conclusion of the transaction.
He said: “We are very excited to close this transaction and welcome the Stax Digital team to Core Scientific.”
The AI hosting platform intends to use Stax Digital IP to manage, monitor, and develop its MinderOS. Turner was formerly in charge of the Microsoft global sales and marketing team for about 11 years. He expressed complete confidence in the newly acquired software.
He stated that their IP and immense experience in decentralized technology “…will enable us to continue enhancing the capabilities of our best-in-class blockchain hosting and application solutions.”
This is a new phase. One that will definitely open up the mining community to exciting new features. Honeyminer was originally created for the Windows OS, but was later fitted for the MacOS. Currently, the software miner has over 1,400 different GPU models.
Jessop added that he believes Turner will be able to grow the platform into something more incredible, with proper administration of the newly acquired software.