Honeyminer Reviews 2019; honeyminer.com is a mining pool platform, owned and operated by Stax Digital Company. This business entered the cyberspace in 2018, with its headquarters at NewYork. The team behind the mining gig claims to build and maintain bets cryptocurrency mining client globally. As opposed to the traditional mining where you purchase hash power from a company so that the entity can start mining for you in the cloud, Honey Miner is offering a mining software and putting the ball in your court – that is, you will use your own CPU to mine Bitcoins once you have purchased the software. Read further on our Honeyminer review!
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Who Is Behind HoneyMiner
Honeyminer.com has three technical leads, Larry Kom, Tony Jazak, and Jing-Yeu Miaw, who allegedly have 60 years of experience prior to the Honeyminer’s existence.The other team members are also entrepreneurs, security experts, and crypto enthusiasts.So is Honeyminer legit?
How Does Honey Miner Work
To use the services of the company, you have to download the software, which will scan dozens of tokens and choose the most profitable ones to mine. All the tokens will be automatically mined and sent to you in a daily basis. They get on your account and you can use them to invest in more hashpower and profit more or you can withdraw them for cash. The software of the company can easily be used to mine tokens and convert them to Bitcoin using your CPU and GPU power. You can earn from $1 to $3 USD daily without doing anything.
– fair exchange rate for mined cryptos
– no need to purchase expensive specialized mining equipment to earn
– private as the only email is required for registration
– more GPU gigs have low pool fees
– very easy to install and use
– takes up most of the power, slowing down your computer
– one GPU gig have high fees
– GPU/CPU mining provide low revenue streams compared to specialized hardware
Though HoneyMiner appears legit. we are not fully satisfied with the platform. One of the reasons is- Whereas other mining pools are very direct about which mining coins are available, Honey Miner is a bit more mysterious. Also, we don’t trust downloading just about any software that promises Crypto currency mining. The other challenge that we potentially face with HoneyMiner is that the cost of electricity can be high and not practical in relation to the $3 that you will potentially earn from this operation. Our advice is that you should wait and see how it goes. If their software is good, you will hear the news.
Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.
They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.