MGTI MGT Capital Investments... U.S. based Bitcoin miner. On October 2nd the company announced the commercial launch of its Sentinel network intrusion detection system. Orders will be accepted via the website, http://www.mgtsentinel.com
. The MSRP per unit is $2,499, inclusive of one year of monitoring, and will ship on November 1, 2017. The Sentinel system, composed of a passive hardware device connected to each subnet, monitors network traffic for suspicious activity using sophisticated algorithms, generating an alert and deploying countermeasures when triggered. https://finance.google.com/finance?q=OTCMKTS%3AMGTI&ei=MjsoWuHEMtTa2AaJ143ABw
When we last mentioned MGT Capital Investments, Inc. (OTCMKTS: MGTI) here on Street Register, we referred to it as one of the top Cryptocurrency stocks on our radars right now
, with nearly 5,000 bitcoin mining rigs either active or set to go into operation soon.
In addition to a very ambitious bitcoin mining operation located in Washington State
, the company is also developing a portfolio of cyber security technologies, headed up by industry pioneer John McAfee
, creating advanced protection technologies for mobile and personal tech devices, as well as corporate networks. The Company’s first product, Sentinel, an enterprise class network intrusion detector was just released in October
, and that is one of the topics we’re going to cover today.
MGT Capital Investments, Inc. (OTCMKTS: MGTI) recently revealed that it had executed a Distribution Agreement with Interwork Technologies for the marketing and sale of the Company’s Sentinel network intrusion device. The agreement is non-exclusive and covers the North American marketplace. Interwork is one of the largest value-added specialty distributors of cybersecurity, information management and network solutions, providing its 2,500 reseller channel partners with the expertise and support required to effectively bring products to market. (Source: PR Newswire) Sentinel features a new approach towards monitoring network traffic compared to the rest of the industry. The system, composed of a passive hardware device connected to each subnet, monitors network traffic for suspicious activity using sophisticated algorithms, generating an alert and deploying countermeasures when triggered.