Honeyminer: The App That Lets You Earn Bitcoins
" BRINGS USER-FRIENDLY CRYPTO MINING TO THE MASSES "
New mining software promises to let almost anyone earn small amounts of bitcoin with a Windows laptop, giving users a taste of the cryptocurrency’s early days.
The New Jersey-based crypto mining startup Honeyminer quietly launched a free beta in June and has already garnered 10,000 downloads across the globe. Honeyminer allows users to participate in a dynamic mining pool by running the app when the computer’s graphics processing unit (GPU) isn’t in use processing images or videos.
The idea is simple: allow those without thousands to spend on custom rigs the option to join a larger pool where they can combine resources with others in an attempt to solve equations once reserved for higher-powered machines. While the average GPU is relatively modest, thousands of interconnected devices more than make up for an individual PCs hardware shortcomings.
It’s an idea that’s been done with more powerful hardware, but Honeyminer is definitely one of the first that encourages those with consumer-grade laptops to join in the fun, and perhaps earn some Bitcoin $BTC in the process.
Interested users need only run the application while their GPU isn’t in use, or on an unused machine. Honeyminer handles the configuration, as well as switching between cryptocurrencies every 10 minutes or so – or as needed based on sudden price movement. The pool continually switches between coins like Ethereum, Ethereum Classic, Zcash, Monero, and other currencies that don’t require specialty computers, known as ASICs.
The pool focuses on mining cryptos like ethereum, ethereum classic, zcash, monero and other GPU-friendly currencies. Then, at the end of the session, Honeyminer sends the participant’s earnings, converted into bitcoin, directly to the user’s wallet.