In my opinion, it doesn't have to be Proof-Of-Work mining before its profitable. As all PoW mining require more than the basics accommodated by a phone's make up, your best bet to mining profitably on your precious mobile is Proo-Of-Stake mining.
Very simple too. Just download the requisite wallet app, procure some coins off exchanges and send to it and.... You're mining happily away.
Topic: Is mining in mobile phone Real?? - page 2. (Read 362 times)
Actually phones can mine, just that the processing power is too weak for feasible returns. For those XYZ coins, possible but never for the established ones like ETH.
Many altcoins used mobile mining in the past and it doesn't favour them, they end up removing the whole mobile idea and focus on normal proof of work algorithm with CPU and GPU, Electroneum is a good example of such project that quit on mobile mining, it's a waste of time I guess.
I saw so many Mobile applications, youtube videos where i saw that people are doing mining through the mobile phone! Is it real? What's the logic behind this?
According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
They are cloud base mining, the smartphone hardware won't be stressed out like when mining with a computer or graphic cards, the mobile miner will work like a mobile game or like every other apps, the logic looks like a real mining process but it's cloud miningAccording to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
I saw so many Mobile applications, youtube videos where i saw that people are doing mining through the mobile phone! Is it real? What's the logic behind this?
According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
They are cloud base mining, the smartphone hardware won't be stressed out like when mining with a computer or graphic cards, the mobile miner will work like a mobile game or like every other apps, the logic looks like a real mining process but it's cloud miningAccording to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
Cloud based mining is a scam and not real.
I saw so many Mobile applications, youtube videos where i saw that people are doing mining through the mobile phone! Is it real? What's the logic behind this?
According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
They are cloud base mining, the smartphone hardware won't be stressed out like when mining with a computer or graphic cards, the mobile miner will work like a mobile game or like every other apps, the logic looks like a real mining process but it's cloud mining According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
Mining on phones can never be real because phone components aren't built to withstand heavy heats which of cos will generate heats if you plan to mine with your phone, do not be deceived by those few projects showing mining through a app, it's not real mining, it's called cloud mining instead, you are mining through the project server but the team will want people to think it's real mining
No the mining isn’t real. There was some popular coin in the past, I think it was called like Einsteinium or something like that. Basically it was fake mining but you got paid rewards anyways. It was pretty popular actually. However in the real world, you just cannot make a coin that is purely based on proof of work using mobile devices.
Reason is security. A phone is very low power and doesn’t really have much computation compared to a high end intel or amd processor. Hence one high end processor can emulate maybe hundreds of phones. And someone can easily rent some AWS servers and do a 51% attack and the coin would be in trouble. Hence why it’s been over 10 years of Bitcoin and there hasn’t been a single POW algo based on mobile devices.
Another reason is safety. If you mined 100% on your phone, you would cause it to overheat and might damage something or heat up the battery and start a fire.
Reason is security. A phone is very low power and doesn’t really have much computation compared to a high end intel or amd processor. Hence one high end processor can emulate maybe hundreds of phones. And someone can easily rent some AWS servers and do a 51% attack and the coin would be in trouble. Hence why it’s been over 10 years of Bitcoin and there hasn’t been a single POW algo based on mobile devices.
Another reason is safety. If you mined 100% on your phone, you would cause it to overheat and might damage something or heat up the battery and start a fire.
Yes, it is possible but don't think it is worth right now. Check the pi project. Their installs is more than 10M already, and the reviews are quite mix. And don't know if they are already listed in exchanges.
https://minepi.com/
https://minepi.com/
its not worth anything.
I saw so many Mobile applications, youtube videos where i saw that people are doing mining through the mobile phone! Is it real? What's the logic behind this?
According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
According to my thinking... How is it possible to do mining through mobile phones?? There are so any powerful hardware.. Then people do mining in mobile phone through apps.. 🤔🤔🤔🤔
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