Setting up a cryptocurrency miner can be an intimidating (and expensive) process. Luckily, one company has successfully brought mining to the masses.
Honeyminer is an easy-to-use piece of software that lets anyone with a computer mine cryptocurrencies and earn bitcoin on their home computer. It makes it easy for anyone to learn to mine, helping introduce new people to crypto and give everyone equal access to the best mining technology.
Bitcoinist recently sat down with Honeyminer’s Coinyeezy and Crypto Randy Marsh to discuss the user-friendly platform, as well as their take on the future of cryptocurrency.
Bitcoinist: How and where did you originally come up with the idea for Honeyminer?
Honeyminer: The idea had been thrown around the Honeyminer HQ for a while — many of us were running our own mining rigs, but spent a lot of time compiling code, poking at settings to make it work, and trying to figure out what was best to mine on any given day. We realized there was a big need for a better User Experience when it came to mining cryptocurrency. So we went out and built it.
Bitcoinist: Right now, Honeyminer converts all mined cryptocurrencies into Bitcoin. Why?
Honeyminer: We believe Bitcoin is the most-valued cryptocurrency across the world, and for many folks, the best place to start. We are currently developing the ability to “speculatively mine” any of the dozens of currencies we are compatible with – so if you believe in a particular project, you can support it and accumulate its currency. We want to give everyone the features they need with the best experience possible.
Bitcoinist: Is Honeyminer just for home-users?
Honeyminer: We are building Honeyminer (and soon, Honeyminer Pro) to be the best mining application, whether you run an old laptop at home or hundreds of rigs in a data center. We want everyone to have the benefits and flexibility of owning and operating their own mining rig with all the security, safety, and profitability of Honeyminer.
Bitcoinist: What security measures are in place to protect people who don’t want to find malware on their home PC and might be afraid of downloading new applications?
Honeyminer: All Honeyminer applications are signed with a hardware key from DigiCert. All communications between the app and Honeyminer servers is encrypted. Every line of code is audited and compiled by our in-house security experts in the United States (based in New Jersey). We’re always looking for ways to build and maintain the trust of our community. We encourage withdrawals from our platform and any/all diligence. Updates can be found at twitter.com/gethoneyminer.
Bitcoinist: Right now, Honeyminer is only available for Windows. When can we expect a version for Apple computers?
Honeyminer: Mac is coming. Linux too! We are working hard to get this stuff live in 2018. Join our Telegram community chat for the most up to date news: t.me/honeyminer.
Bitcoinist: Some common laptop graphics cards, such as the NVIDIA GeForce 980M, aren’t optimized to operate effectively with Honeyminer. This is likely due to the fact that Honeyminer is still in beta. When do you anticipate leaving the beta stage?
Honeyminer: Honeyminer is still in Beta — we’ve done our best to support many common video cards (over 1000 different models to date). We are continuing to add support for additional video cards, please check back every week to see if your card has become compatible.
Bitcoinist: Honeyminer users level up like it’s a video game, and receive bonuses at each new level. How are these bonuses calculated?
Honeyminer: The calculation of bonuses is based on how long you keep the app running, we will do more to reward our users in the future too.
Bitcoinist: What are your opinions on the current state of the cryptocurrency market?
Honeyminer: We think cryptocurrency is going to play a large roll in the future. Our official stance is bullish.
Bitcoinist: Where do you see the cryptocurrency market and/or the blockchain industry in the next 5 years?
Honeyminer: We see a lot of experimentation, failure, and evolution. We see a new internet built on transparency and security. We see a new international currency. We see the distribution of new opportunity, work, wealth, and power worldwide. Things are moving in the right direction, we just want to help further that movement with Honeyminer.
Bitcoinist: Finally, what excites you the most about Honeyminer?
Honeyminer: We are most excited about making a difference in developing countries. Roughly 20 percent of our users come from areas where there is either limited access to Bitcoin, no access to banks, or rampant hyperinflation. For us, if we can help people around the world discover crypto (and maybe earn their first bitcoin), that’s something we believe is really exciting and worthwhile.
To learn more about Honeyminer or to get started yourself, check out the official website: https://honeyminer.com/
You can also download the app using the interviewer’s referral link: https://honeyminer.com/referred/593hs
What do you think about Honeyminer? Be sure to let us know in the comments below!
Images courtesy of Shuterstock, Honeyminer.