Author

Topic: Altcoin With Smartphone Mining (Read 1876 times)

legendary
Activity: 3010
Merit: 8114
August 04, 2015, 01:21:21 PM
#18
I think it was closed source.



This. I think Dev was pretty smart in doing that. It's unique concept and take crypto to whole another new level. I started mining in December and now I have around 1500 altogether..I think price is around 0.0003 and it'll go higher since mining big amount is nearly impossible.

For those who don't know how mining works with Mangocoinz: You shake your phone to mine or just install it on your phone and go for a run. It doesn't consume battery or damage phone. It's not even same thing as mining with cpu or gpu (where you can damage your computer after a while)

This is actually a pretty interesting concept, thanks for expanding on it a little bit.
hero member
Activity: 1540
Merit: 500
August 04, 2015, 12:59:24 PM
#17
I think it was closed source.



This. I think Dev was pretty smart in doing that. It's unique concept and take crypto to whole another new level. I started mining in December and now I have around 1500 altogether..I think price is around 0.0003 and it'll go higher since mining big amount is nearly impossible.

For those who don't know how mining works with Mangocoinz: You shake your phone to mine or just install it on your phone and go for a run. It doesn't consume battery or damage phone. It's not even same thing as mining with cpu or gpu (where you can damage your computer after a while)
member
Activity: 98
Merit: 10
August 04, 2015, 12:41:17 PM
#16
I never thought that mining is even possible using smart phones
legendary
Activity: 3010
Merit: 8114
August 04, 2015, 12:39:48 PM
#15
Maybe you can soon mine coins on smart watches, overclock your CPUs and have your wrist catch on fire. At the very least develop wrist cancer.
sr. member
Activity: 432
Merit: 254
https://cloakcoin.com
June 11, 2015, 01:44:13 PM
#14
You can also mine LTC & Doge with iPhone

But its not more profitable!
tyz
legendary
Activity: 3360
Merit: 1533
June 11, 2015, 01:38:19 PM
#13
There are some coin which have/had the goal to be minable on smartphones.

Further, new startup 21 Inc. has recently released that they want to make it possible to mine crypto currencies using portable devices like smart phones, smart watches etc.
https://www.cryptocoinsnews.com/breaking-21-inc-releases-new-bitcoin-mining-chip-smartphones/
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
June 11, 2015, 11:18:14 AM
#12
AppleByte'e android app has built in pool mining, and the pool pays a bonus to miners using a CPU.


Announce Thread: Announce Thread
Website: AppleByte.me
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter

AppleByte (ABY) is traded on Poloniex and Bittrex


There's no way I'm going to burn out my phone just to mine a couple coins. It's not even a good idea to mine with a laptop. It just shortens the life of your equipment.
legendary
Activity: 1156
Merit: 1000
June 11, 2015, 08:28:32 AM
#11
AppleByte'e android app has built in pool mining, and the pool pays a bonus to miners using a CPU.


Announce Thread: Announce Thread
Website: AppleByte.me
Facebook: AppleByteMe FB Page
Twitter: AppleByteMe Twitter

AppleByte (ABY) is traded on Poloniex and Bittrex
sr. member
Activity: 434
Merit: 250
June 11, 2015, 06:11:38 AM
#10
Do you ever heard about Mangocoinz...the altcoin which can let us mine with Android and Iphone...my question is there any dev who copy paste this idea into new altcoin creation with same concept?

Mangocoinz 'mining' was based on the motion sensor of the phone, phone moves, you get coins until you reach your daily mining limit which probably also means it's centralized, not sure.
But the problem is that it is relatively easy to modify APK files so for example you don't need to move, it just generates coins without doing anything.
Or you could emulate dozens of phones on a computer and generate all the coins you want so the system cannot be trusted.
They are crappy! Mining them in your phone probably is just for fun! Ppl wouldn't buy the shitcoins!

I think mangocinz is has its succeedd tbe price now about 23 K satoshi per each MCZ in Banx.io
sr. member
Activity: 434
Merit: 250
June 11, 2015, 06:10:11 AM
#9

thank you for info this is my first time i ever beard about GAIA Coin...i have installed GAIA Wallet on my android
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
June 11, 2015, 05:18:46 AM
#8
Do you ever heard about Mangocoinz...the altcoin which can let us mine with Android and Iphone...my question is there any dev who copy paste this idea into new altcoin creation with same concept?

Mangocoinz 'mining' was based on the motion sensor of the phone, phone moves, you get coins until you reach your daily mining limit which probably also means it's centralized, not sure.
But the problem is that it is relatively easy to modify APK files so for example you don't need to move, it just generates coins without doing anything.
Or you could emulate dozens of phones on a computer and generate all the coins you want so the system cannot be trusted.
They are crappy! Mining them in your phone probably is just for fun! Ppl wouldn't buy the shitcoins!

You'd be surprised: https://bitcointalk.org/index.php?topic=762060.300
legendary
Activity: 1596
Merit: 1000
June 11, 2015, 05:17:27 AM
#7
Do you ever heard about Mangocoinz...the altcoin which can let us mine with Android and Iphone...my question is there any dev who copy paste this idea into new altcoin creation with same concept?

Mangocoinz 'mining' was based on the motion sensor of the phone, phone moves, you get coins until you reach your daily mining limit which probably also means it's centralized, not sure.
But the problem is that it is relatively easy to modify APK files so for example you don't need to move, it just generates coins without doing anything.
Or you could emulate dozens of phones on a computer and generate all the coins you want so the system cannot be trusted.
They are crappy! Mining them in your phone probably is just for fun! Ppl wouldn't buy the shitcoins!
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
June 11, 2015, 03:26:10 AM
#6
Do you ever heard about Mangocoinz...the altcoin which can let us mine with Android and Iphone...my question is there any dev who copy paste this idea into new altcoin creation with same concept?

Mangocoinz 'mining' was based on the motion sensor of the phone, phone moves, you get coins until you reach your daily mining limit which probably also means it's centralized, not sure.
But the problem is that it is relatively easy to modify APK files so for example you don't need to move, it just generates coins without doing anything.
Or you could emulate dozens of phones on a computer and generate all the coins you want so the system cannot be trusted.
hero member
Activity: 896
Merit: 1006
June 11, 2015, 03:22:14 AM
#5
There is an android app for mining BTC and many alt's : https://play.google.com/store/apps/details?id=com.miner

Tried it, hashrates were SOOOOOOOO low, it would take months of poolmining to reach the payout treshhold for any of the algorithms i tried...
legendary
Activity: 1316
Merit: 1004
June 11, 2015, 03:04:11 AM
#4
There is nearly no new features with the coins except mining in the phone! I wouldn't  use this coins unless I want to damage my phone's memory and SD card quickly!
legendary
Activity: 996
Merit: 1013
June 11, 2015, 01:28:53 AM
#2
I think it was closed source.

sr. member
Activity: 434
Merit: 250
June 10, 2015, 11:10:52 PM
#1
Do you ever heard about Mangocoinz...the altcoin which can let us mine with Android and Iphone...my question is there any dev who copy paste this idea into new altcoin creation with same concept?
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