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Desktop Crypto Mining App HoneyMiner Comes to MacOS

Desktop crypto mining app honeyminer comes to macos

Desktop Crypto Mining App HoneyMiner Comes to MacOS

Desktop crypto mining app honeyminer comes to macos

HoneyMiner, a desktop-based crypto mining application, has released a new version for MacOS users.

HoneyMiner, which launched in July 2018, accesses your CPU or GPU and uses it to mine various cryptos. A central server points the connected machines at a certain target like ethereum, ethereum classic, zcash, monero and other GPU-friendly currencies.

“We have over 1,400 different kinds of GPUs on our network and it’s all about routing the right computation to its most optimal use case and whichever chain is optimal,” said co-founder and CEO Noah Jessop.

The HoneyMiner app takes 2.5% of the proceeds for multi-GPU machines and 8% from single GPU users.

Screenshot courtesy of HoneyMiner

The Mac OS app works just like the Windows version. Upon launching the app you get 1,000 free satoshis and I was able to mine the equivalent of six cents in ten minutes.

This writer’s estimated 24-hour earnings on a 2016 MacBook Pro running a 2.9 GHz Intel Core i5 was 113 satoshis or – and don’t get jealous – $0.012 USD. The expectation is that users with more powerful computers will speed up the mining pool considerably.

HoneyMiner joins apps like DesktopMining.net and open source solutions like MultiMiner in its aim to make it easy to mine on almost any machine. They expanded to MacOS thanks to public demand.

“We launched on Windows first because there are so many powerful GPUs sitting under people’s desks around the world and lots of folks getting started with mining do so on windows,” said Jessop. “We’ve now got people in 167 countries on Honeyminer and have had literally hundreds of requests for Mac OS from our community.”

Porting the app to MacOS was quite a chore, said Jessop.

“Mac was really tricky to run super smoothly on both CPU and GPU when available team spent months – maybe even too long – making it work,” he said. “If we let everyone mine with the efficiency of the pros, software know-how becomes less of a barrier.”

Image via HoneyMiner

Published at Thu, 09 May 2019 23:06:22 +0000

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Blockchain & Artificial Intelligence: Money of the Future?

Both artificial intelligence and blockchain technology have made major advances in the past few years. Could they be combined to bring us the money of the future?


Artificial Intelligence

Recently, many advances have been made in the field of artificial intelligence. In the past few years, we saw artificial intelligence beat one of the world’s best players at Go, save drivers from car crashes, and predict the outcome of the US Presidential Election.

Google Home & Amazon Echo

Many companies, both established market leaders and new startups, have started to incorporate artificial intelligence into mainstream products. AI technology can be found in voice and home assistants, such as Siri, Google Home/Assistant, and the Amazon Echo. These companies use artificial intelligence in different ways, including making predictions, voice recognition and image recognition.

AI in Finance

More and more, financial firms are turning to machines to replace humans at jobs that they have done for decades. Many wealth management firms already employ robots and artificial intelligence software to trade and invest for their customers. This is because computers are much quicker than humans at competing in a market where nanoseconds count. A slight delay could mean an entirely different outcome.

bitcoin price

This type of trading activity isn’t just limited to traditional financial markets. Artificial intelligence is also starting to be used in bitcoin and altcoin markets. This is extremely prevalent in altcoin markets wheremany bots and AI trading software are used to take advantage of price fluctuations.

However, this isn’t the only use case for artificial intelligence technology in financial and bitcoin applications.

Mobile Banking for the Unbanked

One new platform called Humaniq aims to bring banking services to those who lack access, especially for people in developing countries.

The platform is built on top of the Ethereum blockchain as a variety of smart contracts; but with a twist. Instead of requiring ID/Passport Verification like most bitcoin exchanges, the aim is to simply verify a user’s identity using artificial intelligence.

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Users will be prompted to verify their identity when they start using the Humaniq system. However, only simple tasks need to be completed for this. Identity Verification would only consist of doing something very simple, such as taking a quick picture of themselves, or by reading a short piece of text. Voice and Image Recognition technology powered by artificial intelligence would then be able to quickly confirm their identity without any hassle or delay.

This could potentially be a huge step forward for citizens in developing countries integrating themselves into the global economy. Seeing that it’s currently estimated that there are more than 2.5 billion unbanked in the world, many stand to benefit from such a platform.

[Note: This is a sponsored article provided by Humaniq] 

Could Humaniq’s implementation be a real game-changer? Let us know your thoughts below!


Images courtesy of PC Magazine, Shutterstock

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