WinMiner is an easy-to-use cryptocurrency mining software that is simple enough to introduce business owners to crypto mining in a digital world.
As a small business owner, you’ve probably been paying attention to the concept of cryptocurrency software over the past couple years. How does bitcoin mining work? What makes cryptocurrency in general more beneficial than fiat currency, if that’s even the case? Cryptocurrency mining itself is behind this, and is actually the hardest crypto concept to contextualize.
Basically, a bitcoin mining operation is the process of receiving a mathematical challenge, which a computer then strives to solve—this is called a hash resolution. This resolution is then added to a block chain (a growing, immutable, interrelated series of data). Enough resolutions result in bitcoins, altcoins or other such internet currency, which are transferrable to real money. If you're ready to start mining, WinMiner is worth a look.
- Algorithmic Control – While WinMiner doesn’t let you completely reshape the optimized algorithm (and you don’t want to), you have a lot of control over it. With good GPUs to back it up, this can result in excellent hash rates. Need to mine multiple coins, or attack multiple hash difficulties simultaneously? Thanks to the algorithm switch functionality, that’s possible too.
- Easy Exchange and Withdraw – Easily exchange between various cryptocurrencies, and convert into fiat currency through a host of established, vetted payment systems like PayPal, Payeer, Amazon gift cards, and much more. This eliminates the need for an intermediary wallet application if you’re not worried about using crypto as a fund storage medium. Elimination of “middle man” applications like this is always good when possible. As a small business owner, you want rapid, no-nonsense payout.
- Business Intelligence – Get excellent prices and exchange rates to estimate what your mining is worth. You can transform what given coins are worth in other coin units, or in USD, so you always know what your efforts are worth. Mining is expensive, and requires much power, time, and equipment needed to make it all work effectively. Having solid business intelligence to make choices for scheduling and dedication of resources is a very good idea. Most miners don’t speak business language quite this intuitively, which makes them less accessible to business-minded users.
- Easy Interface – This interface is easy to use, if you’re comfortable at all with standard computer applications made after 2005, you’ll feel right at home using this program. It requires no real training or heavy learning to get going with it.
This application is actually completely free in and of itself, though there is an option to buy into “tokens” that they offer. The problem is, they don’t do an excellent job explaining what these tokens do, in their entirety. If you don’t plan on buying into these—which seems to be a faster way to deliver challenges to miners, and a startup for a new base cryptocurrency itself—then you can consider this program scalable for any business size, due to the nonexistence of cost.