How does it work?
One of the highlights of Honeyminer's software is that it levels the playing field between amateurs and professionals. Since the software does not require any special mining equipment, anyone with a computer can mine coins with Honeyminer, although newer computers will be able to better optimize the software.
The system uses advanced algorithms that helps the user determine which cryptocurrencies are the most profitable ones to mine at any given time. Then, the Honeyminer can generate coins just by having the software running in the background on your PC. This makes it easy for newcomers to earn money, while also providing a useful tool for experts in the crypto field.
Because the algorithm chooses the most profitable coin for you, you do not have to devote extra time to researching the profitability of different coins. This is particularly useful since there are so many different kinds of cryptocurrencies and that number keeps growing. Later versions of the software will likely allow you to also choose your own coins to mine, as the company is currently developing way to provide their users with a greater number of options. They are also working on a building functionality that will let users hold assets that are not in the form of Bitcoin. What this means is that you can expect the versatility and usefulness of Honeyminer to grow over time.
You can download the app from the company’s website. In most cases, it downloads in under a minute. You can start mining coins immediately! In addition, no matter what coin the algorithm picks to mine, the software automatically converts the coins into Bitcoin. This makes it easier to consolidate your earnings and trade them on cryptocurrency exchanges.
What are the security features?
Honeyminer has a lot of safety features that help make sure the mining takes place in a secure environment. The technology uses a combination of Secure Sockets Layer and encryption, which guarantees that any information that passes through the servers remains private and secure. Honeyminer stores coins in cold storage to reduce the risk of assets being compromised by cyber criminals. Strict password protection for user accounts adds another layer of protection. Together, this means that the software is completely anonymous and safeguarded against threats from hackers.
What is the earning potential?
Based on the current value of Bitcoin, the software can earn you between $1 to $3 USD without having to do anything except turn on your computer, although the daily value could become higher if the exchange rate were to change.
The tokens that the software mines can be withdrawn and sent to any cold wallet of currency exchange that you choose, and exchanged for your normal currency. If you are looking to passively earn some side money, Honeyminer is a great choice!
Honeyminer is SO CUTE & user friendly, and I think it is genuinely FUN. I love to watch it actively working.
& of course everyone loves free... Am I right?
As if Honeyminer could get any cooler, they are currently making some changes and updates to make Honeyminer even BETTER.
On a side note, after using this service you can also show it it to your friends and earn btc on what they mine, so if you found this informative, please make sure to use one of my links in this article :)