Hello friends

New mining software promises to let almost anyone earn small amounts of bitcoin with a Windows laptop, giving users a taste of the cryptocurrency's early days.

https://pbs.twimg.com/media/Di31DL7WsAUyjHp.jpg

Revealed exclusively to CoinDesk, the New Jersey-based crypto mining startup Honeyminer quietly launched a free beta in June and has already garnered 10,000 downloads across the globe. Honeyminer allows users to participate in a dynamic mining pool by running the app when the computer's graphics processing unit (GPU) isn't in use processing images or videos.

The pool focuses on mining cryptos like ethereum, ethereum classic, zcash, monero and other GPU-friendly currencies. Then, at the end of the session, Honeyminer sends the participant's earnings, converted into bitcoin, directly to the user's wallet.

### Diversified mining
Honeyminer's software was, in part, inspired by the controversies that surround bitcoin mining. Namely, the way many users of the software feel the China-based hardware provider Bitmain has achieved a near-monopoly on mining equipment and how a similar small number of firms control the majority of mining pools.

"As we've watched in bitcoin proper, the arms race escalates to this custom hardware and then people who have access to the best silicon tabs are the people who control mining," Jessop said. "For us, it's all about increasing the number of people who have access to the best-in-class."

But according to David Vorick, CEO of Nebulous, which operates Siacoin and the mining equipment manufacturer Obelisk, this may not change the broader ecosystem beyond attracting more curious newcomers. Especially because the software is closed source, albeit with plans to extend open APIs in the future.

"That actually increases centralization, because all you've done is moved the power from the mining pools or users who have to be advanced, to software toolkits," he told CoinDesk. "Basically all the power lies with the devs of the software."

[full article](https://www.coindesk.com/honeyminer-crypto-miner-app-bitcoin/)

### Like this post? RESTEEM AND UPVOTE!
### Something to add? LEAVE A COMMENT!

Will wait to get your opinion ?

Thanks

![steem.gif](https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/steem.gif)