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Esports Entertainment Group says its ggCircuit application has mined over $1 million in crypto since May launch

Last updated: 10:58 13 Oct 2021 EDT, First published: 10:55 13 Oct 2021 EDT

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The company attributed the milestone to 304 centers across 58 countries since it launched the crypto mining application as a beta version earlier in the year

Esports Entertainment Group Inc announced that its ggCircuit’s crypto application has mined over $1 million since its May 2021 launch.

The New Jersey-based company attributed the milestone to 304 centers across 58 countries since it launched as a beta version earlier in the year.

ggCircuit is a business-to-business (B2B) software company that provides cloud-based management for LAN centers, a tournament platform, and integrated wallet/point-of-sale solutions for enterprise customers.

READ: ESE Entertainment’s K1CK esports team set to launch its first batch of NFTs

The mining application is an addition to the existing ggLeap subscription that allows LAN center owners to utilize idle computing power for mining Ethereum.

"The crypto mining application has grown exponentially over the last few months and we've added nearly 200 more centers since July," said Grant Johnson, CEO of Esports Entertainment Group in a statement. "This milestone is another significant step forward as we continue to grow and receive positive feedback on ggCircuit's product." 

Esports Entertainment Group is an online gambling firm that is helping gamers connect in the online sports world for sports including FIFA, NBA, and NFL. The organization has established on-ground LAN cafes to maintain its services. The company has offices in New Jersey, UK, and Malta. 

Contact Ritika at ritika@proactiveinvestors.com

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