I wonder if there are 14 million people retarded enough to mine on their phone...
flappy bird.
Topic: It Takes 14 Million Android Phones to Earn One Bitcoin (Read 2940 times)
flappy bird.
Math is VERY wrong.
Personally i mine by hand.
I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
HAHA I cant imagine sitting there doing all of the calculations by hand. I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
It would take AGES. I would probably die before I ever found a block lol.
It might be interesting to see the numbers for a coin using an algorithm where the mobile chip isn't at as much of an extreme disadvantage. A virus that returns anything is more attractive to the author than one that returns nothing, so despite the miniscule returns, I'd expect to see more of this.
This. I wonder how many phones would be needed to mine something like Primecoin or Bytecoin/Monero which unlike Bitcoin, can still be mined with CPUs and GPUs. These coins can then be traded for Bitcoin on an exchange. I would think that far, far less than 14 million phones would be required to earn a bitcoin that way.
It does not take 14m Android phones to earn one BTC.
It takes a good and cunning developer and a great game idea.
A game that becomes addictive....
That's all it takes
It takes a good and cunning developer and a great game idea.
A game that becomes addictive....
That's all it takes
I wonder if there are 14 million people retarded enough to mine on their phone...
flappy bird.
Very interesting number and crazy. But of course you gotta use the right tool for the right job. Mining with a mobile phone is obviously a horrible idea.
Yeah but if you got lucky and hit the jackpot, you'd be a legend.
Dumbest article. Being mentioned by a poor writer with bad research isn't always good. In this case, it's a wash.
To each his own. The article was half for entertainment purposes. Any publicity is good publicity.
It might be interesting to see the numbers for a coin using an algorithm where the mobile chip isn't at as much of an extreme disadvantage. A virus that returns anything is more attractive to the author than one that returns nothing, so despite the miniscule returns, I'd expect to see more of this.
Mobile mining...another stupid idea 
Dumbest article. Being mentioned by a poor writer with bad research isn't always good. In this case, it's a wash.
My point was simply to show that measuring hashing capabilities of undapted things is limitless and VERY retarded.
Flash news: It would take a cucumber 19 trillions years to mine a bitcoin. Yeah cool story.
Stop overthinking my ''hand mining'' thing lol.
Im glad you guys liked my joke.
Flash news: It would take a cucumber 19 trillions years to mine a bitcoin. Yeah cool story.
Stop overthinking my ''hand mining'' thing lol.
Im glad you guys liked my joke.
Personally i mine by hand.
I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
THis cracked me up. Imagine doing a hash by hand and by some crazy miracle it's the block...Talk about luck
Think about it, why do you think a load of miners are now just transferring over to scrypt and giving up on the SHA-256 coins, it's because the difficulty is too high and they know already from the maths that it won't be worth it.
I thought they moved over ages ago when the ASICs started making the difficulty explode and making it pointless to mine using a GPU? Not to mention now, given that there are scrypt ASICs it kind of defeats the purpose of having an altcoin that is 'ASIC resistant' as they were touted.
@OP: Other than it being an interesting piece of trivia, I fail to understand the relevance this has aside from telling us how difficult it is to mine...
It did require a bit more R&D to create the ASICs, but did it take a longer time to develope them as opposed to the SHA-256? If it did take longer, that's where you get your ASIC resistance from.
All algorithms will most likely have ASICs developed for them, eventually, but it will take far longer for some algorithms as opposed to others. Now I can't guarentee that, as most likely some new algorithm that's either ASIC proof or extremely difficult to replicate will be invented and distributed, but for the time being, it is going to be a lot of ASICs for different algorithms.
Does Darkcoin have any ASICs in R&D yet?
Think about it, why do you think a load of miners are now just transferring over to scrypt and giving up on the SHA-256 coins, it's because the difficulty is too high and they know already from the maths that it won't be worth it.
I thought they moved over ages ago when the ASICs started making the difficulty explode and making it pointless to mine using a GPU? Not to mention now, given that there are scrypt ASICs it kind of defeats the purpose of having an altcoin that is 'ASIC resistant' as they were touted.
@OP: Other than it being an interesting piece of trivia, I fail to understand the relevance this has aside from telling us how difficult it is to mine...
Hashing by hand.... sounds interesting, but pointless.
Just throw TH equipment and boom.
Just throw TH equipment and boom.
Personally i mine by hand.
I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
I send my shares via registered mail to the bitcoin foundation.
They said it would take 14 million years to mine a bitcoin that way.
Brb i'll write an article about how fucking retarded i am.
THis cracked me up. Imagine doing a hash by hand and by some crazy miracle it's the block...Talk about luck
The ironic thing is that with that exact phone they could just as easily take a few jobs on the internet for Bitcoins or just buy it on an exchange for much less effort. I don't understand why these people act so surprised when they can't make millions from a standard PC or Laptop, I don't even know that much about computers but I know how difficulty works and when you take that into account it's not at all surprising that mining off these things is pointless.
Think about it, why do you think a load of miners are now just transferring over to scrypt and giving up on the SHA-256 coins, it's because the difficulty is too high and they know already from the maths that it won't be worth it.
Think about it, why do you think a load of miners are now just transferring over to scrypt and giving up on the SHA-256 coins, it's because the difficulty is too high and they know already from the maths that it won't be worth it.
It Takes 14 Million Android Phones to Earn One Bitcoin
http://securitywatch.pcmag.com/mobile-security/325365-it-takes-14-million-android-phones-to-earn-one-bitcoin
http://securitywatch.pcmag.com/mobile-security/325365-it-takes-14-million-android-phones-to-earn-one-bitcoin
Yo who is up to start an android phone mining pool
Maybe the big phone manufacturers could start putting ASIC chips in the phones they sell and profit that way. Just one chip per phone, and it would be a small chip so the phone doesn't get too hot. It would stay dormant in normal use and would only be activated during times when the phone is fully charged but still connected to a charger. That way, the customer doesn't notice.
This is actually bloody genius.- They are already built to betray the user (implementing an alphabet soup of DRM including DTCP and HDMI).
- They are already known as power hogs even in standby mode (so that they can download programming guides an respond to voice commands)
- They already have internet access (required to get Blu-ray playback working again after your device is revoked, also services like netflix): likely cheaper than mobile Internet.
- Because these things are always plugged in and active, you can even use an off-the-shelf chip drawing 3-5W.
This is a pretty cool idea but if they get caught doing it well I smell a lawsuit lol. This is quite a interesting fact about that I still remember way back in the day mining a few LTC off my old android phone.
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