via Honeyminer.com
Even though cryptocurrency mining profitability has dropped off a cliff in 2018, due in large part to ASIC mining hardware flooding the market and significant drops in coin value, GPU rigs still cost miners thousands of dollars to set up as a result of the ongoing scarcity in hardware.
For crypto enthusiasts who are interested in mining, but are unwilling to toss thousands of dollars towards setting up a rig, there is Honeyminer, new software that lets everyday PCs mine crypto as part of a pool to earn bitcoin payouts.
According to the Honeyminer website, the application is designed to function in the background of computers and passively leverage computing/GPU power. Similar to Nicehash, another cloud mining marketplace, Honeyminer works to automatically mine the most profitable cryptocurrency algorithm and automatically convert those coins into bitcoin payouts.
Honeyminer
While users are unable to receive payouts in specific coins at this time, Honeyminer notes that it is building functionality to support more coins. Currently, users can earn anywhere between $1-3 per day per GPU, based on today’s value of bitcoin, and Honeyminer takes a fee of 8% from users with 1 GPU  and 2.5% from users with for 2 GPUs or more.
Honeyminer is supported by notable investor Noah Jessop, a venture capitalist at Founder Collective based in San Francisco, and is currently offering a free 1,000 Satoshis (~$.08) for signing up.