It utilizes the computing power of GPUs and CPUs to mine the most profitable cryptocurrencies.
The app is designed to automatically switch between different coins every ten minutes based on their profitability and mining difficulty.
Maximizing Mining Returns
By calculating which altcoins offer the highest profitability and lowest difficulty, Honeyminer can mine multiple coins.
These altcoins are then converted into Bitcoin. It’s worth noting that Honeyminer is not an open-source platform, so its operations are not transparent to users.
Empowering Personal Mining
The main objective of Honeyminer is to enable users to mine cryptocurrencies using their personal computers, including laptops.
Users participate in a dynamic mining pool and run the app when their computer’s GPU is idle. The mining pool focuses on GPU-friendly altcoins.
At the end of the mining session, Honeyminer sends the user’s earnings in Bitcoin directly to their wallet.
Additionally, the developers actively report suspicious login attempts to users.
Users also have the option to enable two-factor verification (2FA) for added security.