Coinmine, a cryptocurrency mining device aimed at the hobbyist market, will now give its users the option to be paid in bitcoin.
The device was able to mine monero, zcash, grin and ethereum at launch, a set of cryptocurrencies that had a low enough difficulty threshold to allow for the average miner to see a minimal return. The addition of bitcoin payouts gives miners more incentive to try the $799 ($699 with a special BTC discount) product.
“To get you the most bitcoin possible from your Coinmine One, we had to engineer MineOS to automatically mine whatever crypto converts to bitcoin at the highest rate and then exchange it to Bitcoin for you and put it in your wallet,” said founder Farbood Nivi. “This way you’re getting way more Bitcoin than if the device was mining Bitcoin directly. ”