Technology

Cryptocurrency enthusiasts can now earn Bitcoin with just a laptop GPU

Wannabe cryptocurrency miners who do not want to shell out thousands for a specialized platform could be lucky. A new application, Honeyminer even allows those with a modest PC to extract popular cryptocurrencies as part of a pool. For those who are willing to donate GPU for a change of reserve, paid in bitcoin this might be the best way to do it.

After quietly launching last month, Honeyminer has seen an explosion of new users, some 10,000 to date.

The idea is simple: allow those without thousands to spend on custom platforms the option of joining a larger pool where they can combine resources with others to try to solve problems. equations once reserved for more powerful machines. While the average GPU is relatively modest, thousands of interconnected devices largely outweigh the hardware shortcomings of an individual PC.

This is an idea that was made with more powerful hardware, but Honeyminer is certainly one of the first to encourage those with quality laptops to join the game, and possibly to be win a bitcoin BTC process.

Interested users only need to run the application when their GPUs are not being used or on an unused machine. Honeyminer manages the configuration, as well as switching between cryptocurrences every 10 minutes or so – or as needed depending on a sudden price movement. The pool continually passes from one coin to the other, like ethereum, ethereum classic, zcash, monero, and other currencies that do not require specialized computers, called ASICs.

Noah Jessup, venture capitalist and advisor to Honeyminer, said: Coin Desk :

The miner does not have to do the math or manage all the settings and settings, or manually check the prices. We make sure that any computing surplus, so that any laptop that you do not use until a platform that you run automatically performs the most profitable calculation.

While its main interest is from substandard PC and consumer electronics, the application works with specialized platforms built for the sole purpose of extracting cryptocurrencies – or editing videos, create VR experiences, etc. the most profitable swimming pool in the city. If you have the means to buy some premium GPUs, your resources are usually better spent elsewhere.

According to Coin Desk, an individual with a high-end GPU couple will earn on average about a dollar or two a day, on average – although there are many variables involved, too much to determine precisely what that your PC is able to win.

Jessop continued:

If you hear about crypto and want to learn, you can either go out and pay for real money, or download a program in 30 seconds and start earning your own crypto for free

He's right, but it's worth noting that Honeyminer, to provide an easy path into crypto mining, collects 2.5 to 8% of all profits depending on the quality of the hardware of the company. # 39; user. So, even though it may not be the best option (or the only one) in town, it might be the easiest for those who want to soak their toes in the water.

The software is currently available to all users of Windows with an upcoming macOS application.

Posted on 25 July 2018 – 01:33 UTC

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