MGT Investments LLC, a technology company led by outspoken cybersecurity pioneer John McAfee, announced on June 23 that it had purchased Ethereum mining equipment to launch a new cryptocurrency mining operation that focuses on ether and ethereum classic.
MGT Investments has made an agreement with Bit5ive LLC to buy up to ...
Read more @:
https://btcmanager.com/mgt-investments-jumps-on-the-ethereum-mining-bandwagon/
Has he not read about Proof of Stake coming to Ethereum? It seems like a very short-sited move on McAfee's part to do this. PoS isn't mentioned in the article so it makes me believe that he's going to be pretty disappointed by the end of the year.
We just have wait and see how things unfold