New Jersey-based startup Honeyminer has made its app available on the Apple Macintosh operating system, the firm in a blog post on May 9.
The Honeyminer app runs in the background, using the central processing unit (CPU) and graphics processing unit (GPU) of users’ computers for (). The startup claims to include app features such as while users’ computer is idle, an activity log with current statistics, currencies, and hardware utilized, and withdrawals, among others.
While Honeyminer is expanding its offerings, other crypto services have reduced their capacities, or shuttered altogether following last year’s bear market.
Another service, Coinhive, its closure in February, as the project had reportedly become economically inviable. Coinhive reportedly had to shut down its services amidst a 50% decline in hash rate following the last () hard fork.
As reported yesterday, giant hashrate had noticeably in the past 30 days. Per the data analyzing the hashrate of all Bitmain-owned hardware, updated once every 30 days, the SHA256 hashing algorithm — which is used in the network — has dropped from 1,692.35 quadrillion hashes per second (PH/s) in March to 237.29 PH/s as of the beginning of May.
Meanwhile, firm Argo it expects a break even in May, and outlined its intention to continue to expand its infrastructure as hardware prices become cheaper. The company expects that 1,000 units of Bitmain Z11 miners that came into production on May 2 will improve gross margin during the second quarter of 2019.
Published at Thu, 09 May 2019 20:03:46 +0000
