Honeyminer Indicators Up 50Okay Customers for Simple Crypto Mining App

Honeyminer, the crypto mining app that lets customers earn bitcoin with laptops, is quick gaining traction.

Revealed completely to CoinDesk, the startup’s person base has swelled to nearly 50,000 since launching in June. A 3rd of the brand new prospects are situated in rising markets and 5 p.c hail from Africa, the corporate stated.

Within the startup’s Telegram channel, one such person in Kenya responded to a survey saying he’s utilizing Honeyminer to accumulate his first bitcoin stash.

“I’ve had an curiosity in bitcoin, cryptocurrencies and blockchain however I by no means fairly understood what they meant,” wrote the person, Steven in Nairobi. “I’m attempting to boost cash to purchase a extra highly effective gaming desktop sooner or later the place I can earn a median of $3 – $four per day. To date I’m one glad miner.”

Different creating nations with hundreds of customers flocking to obtain Honeyminer embrace India, Indonesia and the Philippines, co-founder Noah Jessop advised CoinDesk.

He stated:

“We have stumbled into one thing that was far larger and extra worldwide than we imagined.”

This flood of customers is proving the mining pool software program can work on computer systems with 1,100 various kinds of graphics processing unit (GPU) playing cards, based on Honeyminer co-founder Larry Kom. Honeyminer converts mining rewards from GPU-mineable cryptos comparable to ether and zcash into bitcoin after which deposits it straight in customers’ digital wallets.

Kom advised CoinDesk the sheer range of insights customers have supplied about GPU mining with varied {hardware} varieties is invaluable. Jessop stated he has additionally been impressed by the number of new miners.

“I have been so struck by people who find themselves attempting to get a rig arrange,” Jessop stated. “We’re developing on 10,000 people which can be operating do-it-yourself rigs, and even industrial-type rigs.”

Picture through Honeyminer

The chief in blockchain information, CoinDesk is a media outlet that strives for the very best journalistic requirements and abides by a strict set of editorial insurance policies. CoinDesk is an unbiased working subsidiary of Digital Forex Group, which invests in cryptocurrencies and blockchain startups.

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