This “Wi-Fi 7 cryptomining router” is just an elaborate scam


Someone has been impersonating networking equipment giant TP-Link, pretending to have built a Wi-Fi router (opens in new tab) capable of mining cryptocurrencies with super high efficiency levels.
Among those that fell for the obvious scam was news wire service providers Accesswire, who published a press release from the alleged company, announcing the product.
In the press release, published in early March this year, the company says interested parties would now be able to order its “revolutionary” Mining Router, the NX31. The device, being advertised for $1,440, comes “loaded with features and perks that make it superior to competing miners”, and is “undoubtedly the greatest of its kind and will change the mining industry.”
If these words weren’t enough of a red flag to the readers, then there’s one even better – in two parts of the press release, the company has a different name. In the first sentence, it’s called “TP-Link ASIC”, while further below, it refers to itself as just “TP-Link”.
At the bottom of the press release is a website inviting interested parties to learn more about the product which, yet again, shows the company as “tplinkasic”.
Finally, representatives of the actual TP-Link responded to queries from Tom’s Hardware and confirmed that it’s not, in any way, affiliated with this product or has anything to do with it. The company is currently investigating the matter and looking to remove the fraudulent press release from newswire websites.
At the same time, looking at the frauders’ websites, besides the NX31 there is another “miner” they’re selling – the D11 Doge miner (Doge is a joke cryptocurrency and a fork of Bitcoin, often being promoted by Elon Musk), which is being advertised for $570.
The website does have a shopping cart, but at this time it’s impossible to know how many (if any) victims decided to try and purchase the devices.
Via: Tom’s Hardware (opens in new tab)
Audio player loading… Someone has been impersonating networking equipment giant TP-Link, pretending to have built a Wi-Fi router (opens in new tab) capable of mining cryptocurrencies with super high efficiency levels. Among those that fell for the obvious scam was news wire service providers Accesswire, who published a press release…
Recent Posts
- New movies: the most exciting films coming to theaters in July 2025 and beyond
- Techland has seemingly canceled two projects ahead of the release of Dying Light: The Beast
- EA is shutting down Bioware’s Anthem next year, rendering it unplayable forever
- You wouldn’t skip handwashing – so why skip mobile security hygiene?
- The Loop Micro is my new favorite bicycle phone mount
Archives
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021