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Topic: Easiest cryptocurrency to mine on a smartphone? (Read 400 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
"Mining" on a smartphone is basically a flawed concept (and dumb to top it off).
Just think about it: if entire rigs of dedicated GPUs are hardly profitable today, how is your puny smartphone going to make you any sort of money by churning a complex cryptographic algorithm??

The coin rewards you might get from these gimmicks they call "mobile miners" are a fraction of the ad revenue they get from forcing them down your throat while you think you're mining.

Sweatcoin is the best example. But hey, it works!

Just don't call it mining.

Yes. I'm aware of that. However, I still believe that even if mining with a smartphone is not profitable, it could further strengthen and decentralize a cryptocurrency's blockchain. Among the various CPU-only PoW algorithms I've researched, Cyckoo Cycle seems to be the most viable option for mobile devices today. If proven to be successful, then it could bring a whole new level of decentralization for the blockchain. People worldwide would be encouraged to mine a specific coin with the Cyckoo Cycle algorithm just to earn some spare cash, while at the same time, securing the cryptocurrency's blockchain.

aeternity is a good example of a Cyckoo Cycle cryptocurrency, but it hasn't launched yet. As for now, it's still an ETH token, but it'll be interesting to see how everything unfolds once its mainnet is launched for the public to enjoy.

This new coin you've mentioned called Sweatcoin looks interesting and reminds me of the good-old MangoCoinz. Every time you complete a certain number of steps (when walking), you'll get rewarded in that specific cryptocurrency. I believe this is good as it incentivizes people for taking care of their health. Smiley


I think it is useless to mine any PoW cryptocurrency on a smartphone. It is unprofitable even on laptops with a more powerful cooling system. PoS is also not an option, because smartphone cannot provide a good connection to the network. Use your smartphone for communication, trading, reading and don’t shorten its life by mining.

Traditional PoW algorithms could easily shorten the life-span of any mobile device. However, there are some cryptocurrencies which make use of "Virtual Mining" that wouldn't pose a threat to your device's longevity. A cryptocurrency which uses such algorithm is called Electroneum which allows you to "mine" the cryptocurrency on your smartphone just by activating the app. However, it's not really mining since resources are not consumed in the same way it would be via traditional PoW algorithms such as M7M, or Scrypt.

As time goes by, PoW algorithms could be perfected at some point, where it'll be easy for anyone to start earning rewards and secure a cryptocurrency at the same time. With the launch of aeternity, things will change drastically as it makes use of the Cyckoo Cycle algorithm which is extremely efficient for mobile devices. Cool
member
Activity: 223
Merit: 10
I think it is useless to mine any PoW cryptocurrency on a smartphone. It is unprofitable even on laptops with a more powerful cooling system. PoS is also not an option, because smartphone cannot provide a good connection to the network. Use your smartphone for communication, trading, reading and don’t shorten its life by mining.
hero member
Activity: 1274
Merit: 556
"Mining" on a smartphone is basically a flawed concept (and dumb to top it off).
Just think about it: if entire rigs of dedicated GPUs are hardly profitable today, how is your puny smartphone going to make you any sort of money by churning a complex cryptographic algorithm??

The coin rewards you might get from these gimmicks they call "mobile miners" are a fraction of the ad revenue they get from forcing them down your throat while you think you're mining.

Sweatcoin is the best example. But hey, it works!

Just don't call it mining.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Since you mentioned Cuckoo Cycle, there's Merit (https://www.merit.me/) that is also based on it. Smartphone mining is not active though. They have Growth Mining instead.
But it is an easy coin to mine and transact with (For example, send to aliases like @abhijoysarkar instead of an alphanumeric address). So there's CPU mining, GPU mining (no AMD support at the moment though; only Nvidia) and Growth mining.
Block rewards are fixed. 50% of rewards go to PoW miners. 50% go to Growth miners through a lottery.
Growth miners are basically people who are growing the network i.e. both invitees and inviters (since Merit is an invite-only blockchain; people can get in with invite links of existing members only). Pretty cool. But it's just starting days. So let's see how it goes.
They got featured on Techcrunch too which is nice: https://techcrunch.com/2018/05/09/a-modcloth-cofounder-just-launched-an-invite-only-cryptocurrency/

Awesome. Since it's a new cryptocurrency, it's not well-known or popular yet. But I would give it some time for it to mature, until it becomes a proven cryptocurrency for the masses. The concept of a CPU-only PoW algorithm is the most ideal for the decentralization and long-term sustainability of a cryptocurrency. Considering that several ASICs have been developed for various PoW algorithms, I'd say that PoW mining is becoming centralized each day (unless there is better competition on the ASIC market).

Nonetheless, this Merit cryptocurrency has brought my attention as a long-term investment. Hopefully, it would become successful enough to gain mainstream adoption. Wink


There's another one called Aircoins where you walk around and find coins in AR (much like Pokemon Go). But none of the coins there have much value. It's good for your health though  Grin

Yeah. It's a nice coin because even if you don't get to earn a decent income out of it, you'd get to stay in great shape. There should be more cryptocurrencies like this one, to encourage people to stay fit while earning some spare cash along the way. Now that you've mentioned this coin, it reminds me of “MangoCoinz” which used to serve the same purpose, but unfortunately, it got abandoned by its dev. Sad


Banano Runner game is quite fun to pass the time and the community over at their Discord is great too. Fun bunch of people to hang out with.

Agree. Banano has the most fun community I've ever experienced in crypto land. The members on Discord are very friendly, and extremely active. Best of all, there are constant giveaways and games to play which reward you in Banano. What I like most of this coin is that it's based on Nano's DAG technology, where transactions are cheap and blazing fast. Cool

However, it's not a cryptocurrency that could be mined with a smartphone since in a DAG there's no need for mining. Roll Eyes
jr. member
Activity: 49
Merit: 2
There was a currency which you could mine by walking, your smartphone counts footprints and this way you earn coin. Sorry but I can't remember the name. On another hand there is no any easy to mine cryptocurrency for smartphones and I highly doubt it will ever be but there was some rumours that samsung was working on similar project.

I think that the cryptocurrency you're referring to is called Mangocoin (if I'm not mistaken). I used to walk and earn some coins back in the day where the cryptocurrency was popular, but nowadays it seems like it's a dead project as I can't find its listing on Coinmarketcap or an official website anymore.

There's another one called Aircoins where you walk around and find coins in AR (much like Pokemon Go). But none of the coins there have much value. It's good for your health though  Grin

Anyways, I've seen another cryptocurrency which can be earned on a smartphone by simply playing a game. The cryptocurrency is a fork of NANO and it's called Banano.

Banano Runner game is quite fun to pass the time and the community over at their Discord is great too. Fun bunch of people to hang out with.
jr. member
Activity: 49
Merit: 2
I've heard that aeternity will be based on Cuckoo Cycle which goes easy on such devices, but its mainnet is not released yet.
Since you mentioned Cuckoo Cycle, there's Merit (https://www.merit.me/) that is also based on it. Smartphone mining is not active though. They have Growth Mining instead.
But it is an easy coin to mine and transact with (For example, send to aliases like @abhijoysarkar instead of an alphanumeric address). So there's CPU mining, GPU mining (no AMD support at the moment though; only Nvidia) and Growth mining.
Block rewards are fixed. 50% of rewards go to PoW miners. 50% go to Growth miners through a lottery.
Growth miners are basically people who are growing the network i.e. both invitees and inviters (since Merit is an invite-only blockchain; people can get in with invite links of existing members only). Pretty cool. But it's just starting days. So let's see how it goes.
They got featured on Techcrunch too which is nice: https://techcrunch.com/2018/05/09/a-modcloth-cofounder-just-launched-an-invite-only-cryptocurrency/
jr. member
Activity: 215
Merit: 3
I don't think of mining using a smartphone even though some coins can be mined like ETN, but we have to think realistically when mining using GPU is no longer profitable let alone using a smartphone.
newbie
Activity: 112
Merit: 0
Waoo, Mining Via Mobile Device Such As Smart Phones ( Android To Be Precise )

You Can Start Mining Electroneum Via Your Smart Phone And It Works Generally

All You Need Is Good Smart Phone With High Processor Speed, RAM, And Last Longing Power.

You Can As Well Visit Their Website For Detailed Information. Goodluck
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
There was a currency which you could mine by walking, your smartphone counts footprints and this way you earn coin. Sorry but I can't remember the name. On another hand there is no any easy to mine cryptocurrency for smartphones and I highly doubt it will ever be but there was some rumours that samsung was working on similar project.

I think that the cryptocurrency you're referring to is called Mangocoin (if I'm not mistaken). I used to walk and earn some coins back in the day where the cryptocurrency was popular, but nowadays it seems like it's a dead project as I can't find its listing on Coinmarketcap or an official website anymore. Anyways, I've seen another cryptocurrency which can be earned on a smartphone by simply playing a game. The cryptocurrency is a fork of NANO and it's called Banano.

It has a unique game where you can play and earn free coins with your smartphone (although not mining), which helps you earn some spare cash while having hours of fun. Recently, I found out another cryptocurrency which can be mined easily on a smartphone called Phoneum. It has a similar concept of Electroneum where you're "virtually mining" coins within your smartphone. Cryptocurrencies like these are not profitable at all (if compared against GPU or ASIC mineable coins) but are quite fun to mine as a hobby.

Nevertheless, I wish that there was a source of information such as a website where I could see all of the available cryptocurrencies which can only be mined with a CPU, to start mining them on various smartphones. Roll Eyes
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
There was a currency which you could mine by walking, your smartphone counts footprints and this way you earn coin. Sorry but I can't remember the name. On another hand there is no any easy to mine cryptocurrency for smartphones and I highly doubt it will ever be but there was some rumours that samsung was working on similar project.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Electronuem is basically "airdrop" mining and has a nice android app and "realistic" mining feel. As far as I know there is no real android mining that actually does calculations to solve blocks etc

Thanks for the tip. I've never heard about Electroneum before until now, but it seems like an interesting cryptocurrency to start mining with my phone. If it's airdrop mining, then I guess that there's no actual hashpower being used from the device's CPU. This is clever, IMO, as it prevents battery drainage and reduction of the lifespan of the device itself, making it easier and accessible for anyone to earn free coins in their spare time.

While ETN has been added to my list of coins to mine with a smartphone, I'm on the hunt for other cryptocurrencies that are extremely easy to mine with either a smartphone or tablet. aeternity is one of those coins I can't wait for it to launch, as its unique Cuckoo Cycle PoW algorithm, allows any device to easily mine coins without effort. This would allow greater decentralization over the cryptocurrency, as it allows anyone to participate in the security of the same (unlike Bitcoin and other popular cryptos).

Another cryptocurrency which I've found out to be easy to mine with a smartphone is called Magi (XMG). This one is based on M7M PoW algorithm which goes easy on any device, since it has a model where the higher the hashrate in the network is, the lower the reward, allowing small miners to participate in the process. However, while this coin is easy to mine with a mobile device, it's not quite profitable after all. Perhaps, none of the CPU mineable coins are profitable, but if it makes you free money in your spare time, then it shouldn't matter. Roll Eyes
newbie
Activity: 70
Merit: 0
You do not really mining on your phone with ETN. If your phone was in perfect conditions it could mine X coins. That is what ETN miner app does. It is nice because your battery/performance are not going backwards. And you still earning ETN. So why not ?
Now it is worth nothing but that is what people said about BTC in 2009. And look it now. Even if it hit a dollar. You can mine on the good phone some 10 ETN per week.
newbie
Activity: 30
Merit: 0
electroneneum is the most famous coin to mining using smartphone, but there is more coin that can be mined using smartphone in the near future, like phonereum and also mining using smartphone storage like module. all those coin still on ico phase today
newbie
Activity: 70
Merit: 0
Electroneum isn't really profitable if you are going to mine it with your smart phone.
I have read a lot of reviews with it telling people that this coin is one of the best coin to mine.
But I disagree on it, how much electroneum is today? and that's only good if you really want to mine.
If its about profitability, I don't think so.

It is th only coin who is minable on the phone. Al the scam app who say you can mine BTC,ETH that is bs
legendary
Activity: 2310
Merit: 2073
Do not mine on your smartphone. It is not profitable and there is no cooling. The battery or processor will quickly fail.
member
Activity: 392
Merit: 66
You can try Electroneum or another coin, but let me ask you. What is the point anyways? There is no way you will be able to make any significant amounts of money doing that. Smart phones are not really made for mining. OK, maybe Electroneum won't take a lot of CPU power, because it is set up not to heat up the phone, but who knows what may happen with some of the other coins?
jr. member
Activity: 89
Merit: 1
I understand that in fact program for mining coins on Android is not profitable... it will be fantastic)) put the smartphone in the pocket and make a profit. dreams, dreams.. maybe soon it will come to that))
hero member
Activity: 2268
Merit: 507
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Electroneum isn't really profitable if you are going to mine it with your smart phone.
I have read a lot of reviews with it telling people that this coin is one of the best coin to mine.
But I disagree on it, how much electroneum is today? and that's only good if you really want to mine.
If its about profitability, I don't think so.
newbie
Activity: 117
Merit: 0
Electroneum, 6 to 12 coins per day.
its true !!Electroneum 6 to 12 coins per day mined?? if yes which smart phone you can suggest for me/our.good luck
member
Activity: 756
Merit: 14
Electroneum Is one of the easiest coin to mine on mobile phone
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