Honeyminer Review: Can You Make Money With This Mining Software and Your Computer?
Do you want to start mining cryptocurrencies for passive income? If yes, then the Honeyminer mining software may be for you. In this Honeyminer review, you will learn everything you need to know about the new bitcoin mining software and you will find out how much money you can make with it.
What Honeyminer?
Honeyminer is an easy to use plug-and-play bitcoin mining software that allows anyone with a computer to start mining. With the addition of CPU and GPU sharing your strength, Honeyminer will mine the most profitable coins and tokens to you and then automatically convert them into bitcoin to make cashing as easy as possible.
However, your income depends on the power of the graphics processing unit (GPU) and cryptocurrency overall market conditions. That means that with some graphics cards, you might have more mining power than other graphics cards.
A group of crypto enthusiasts, entrepreneurs, and security experts made Honeyminer with the aim of enabling people to take part in the revolutionary blockchain using their personal computers. Honeyminer is based out of Hoboken, New Jersey.
How to Get Started With Honeyminer:
To start mining with Honeyminer, simply download the software from the company website and install the set up on your computer. Once the software has been installed on your PC, set up an account simply by entering your email address and password.
The first window you see when you press the 'Get Started' is user-friendly and easy to understand. Features that you will see at first glance include the ; Honeymeter, on / off switch, balance and credit options, and a place where you can check the current activity of your computer, referrals or your rented hashing power .
By default, Honeyminer will Not start using power from your CPU / GPU to mine until you decide that you are ready to do so. That's why the software has a switch / on and off button , which makes it very flexible and convenient to use. Additionally, Honeyminer offers users the bonus award in satoshis for new users (currently 1,000 Sats).
Once you are all set up and ready to start Mining With Honeyminer,
Simply Click the On / Off Switch to Turn On Mining.
Mining Honeyminer starts from level one and progress you to the next level as your computer mines for you and your level will show via the Honeymeter.
To view the active CPU and GPU, click the full activity on your Honeyminer window. Activity panel shows the number of active CPU and GPU as well as coins mined.
In the settings option, you can choose whether you want to run the program at all times or only when your computer is at idle and you are not using it for other purposes . Additionally, you may decide to run a mining GPU and CPU at the same time.
Under the settings window, there is a tab called expert log where you can see what is happening as soon as you begin the mining process. For example, the software may indicate that your Honeyminer mining for Ethereum or Zcash or Monero right after the mining process begins.
Linux miners can access through a network of private demand through Honeyminer-Max and enjoy higher payouts. To use Honeyminer Max, you do not need an account. Upcoming Honeyminer Pro will have additional features that can improve the mining process and make it more profitable.
Security
Honeyminer built to keep miners safe account through the use of two-factor authentication while digital assets stored in cold storage to protect them from online threats.
Furthermore, security experts Honeyminer in-house compile and audit every line of code in the software to ensure that malicious code is not distributed. The company also ensures that the information passing through servers is anonymous and encrypted.
pros and cons
Honeyminer has the following pros:
It is very user-friendly
making it easy account
It is free to use. (Honeyminer take a certain share of mining profits on the network to sustain development.)
It supports both CPU and GPU mining
You can mine various cryptocurrencies. The software determines the most favorable coins that you can currently mine based on the specifications of your computer and the difficulty of each blockchain.
You get bonuses as you progress through the levels
However, this software also has some cons:
This software slows down your computer (fractional),
your electricity costs may rise
According to a review on Reddit, the software may have problems trying to start multiple GPUs.
How Much Money Can You Make With Honeyminer?
According to the company's website, a computer with a powerful graphics card can earn between one and three dollars per day. A standard desktop computer without additional GPU for mining, however, you might only get a few cents per day (but if you are trying to stack your BTC , then USD need not apply).
If sheer profit is your only motivation, you will need to purchase mining equipment to make mining with Honeyminer more profitable (as with all mining at this point).
However, if your primary motivation is to learn about mining and profit is not your main goal, then Honeyminer mining software is a great tool.
If you want to download Honeyminer and start mining at home, you can download the software here.