HoneyMiner Review: Best CryptoMining Program?

Among the most popular features, we can find coin auto-switching (to increase profitability) to the auto conversion of earnings to a popular coin, such as BTC. Therefore, services such as Honeyminer are a perfect match for miners that want to maximize their profit while saving time.

What is HoneyMiner?

Honeyminer is software that a miner installs on their mining rig, it connects to the Honeyminer network and routes all mining power to different coins based on their profitability. However, all payments made to the miner are made using Bitcoin (BTC).

Based in Hoboken, NJ, USA; Honeyminer is set to make both casual and pro-mining easier for everyone.

Is it a Safe Program?

Malicious software is a real threat and we can’t forget about scams either. Given that it’s software that has to be locally installed on your PC, some concerns may arise but rest assured Honeyminer has addressed most of them in the FAQ section.

How Does HoneyMiner Work?

As we mentioned before in this Honeyminer review, the process to start mining is pretty simple and straightforward. Their website’s UI/UX is pretty simple and friendly.

• Download Honeyminer from their website https://honeyminer.com
• After installation and creation of an account, a layout like this will appear, pay attention as it will explain and guide you through Honeyminer’s features.
• Honeyminer will list your CPU and GPUs and will start mining right away, you modify this just head to the Settings menu to the upper right.
• Don’t forget to set a payout address and check your settings just in case there is something you’d like to modify.

Advantages

Honeyminer will always select the most profitable coin to mine and handle all payouts in Bitcoin, this makes it simpler and easier to manage profits.
Management and profit calculation is easier and more organized.
Common coins have more and better options to store them (Cold wallets, Third-party robust systems, among others).

Disadvantages

Keeping different coins is not possible at all.
Auto-trades sometimes can end up being done at a disadvantageous exchange rate.
Accumulating all profits in a single coin wallet can be a security liability.

Conclusion

Honeyminer is a simple yet powerful tool that helps organize and centralize mining efforts. Small, medium or even big operations can benefit from Honeyminer’s straightforward approach to mining and auto-converting earnings into Bitcoins. Being based in the USA, Honeyminer founding and technical team have shown experience and boast a great team of advisers that helps build confidence in their operations.