MGT Capital Investments to Mine Ether and Ether Classic

MGT Capital Investments has recently announced a pilot program to mine Ethereum and Ethereum Classic. Through an agreement with Bit5ive LLC, MGT Capital Investments will purchase up to 60 graphics processor-based mining computers which will use high-end graphic cards and CPUs to mine both Ethereum (ETH) and Ethereum Classic (ETC). John McAfee seems to be bullish about the revenue that both these cryptocurrencies can bring the company, stating:

"We are more convinced each day of the growth and value of digital currencies, and our Company is uniquely positioned to be a leading provider of processing power to relevant blockchains. The addition of Ethereum and Ethereum Classic to our crypto mining strategies is expected to be very profitable for us."