Now you can mine Cryptonight algorithms using mobile phones by visiting http://coinwebmining.com/coins-supported
You can get about 32H/s on iPhone X
https://www.facebook.com/photo.php?fbid=114916062656957&set=a.114286212719942.1073741828.100024156915912&type=3&theater
and about 20H/s with Samsung Galaxy S7
https://twitter.com/coinwebmining/status/957995066534047745
This can make about $10-$15 a month depending on which Cryptonight coin you choose to mine.
However the whole idea is that you are able to utilize some older or unused hardware for mining, so if you have couple of phones and tablets it can easily add up to bigger profit. Another point is that this brings Cryptocurrency for those people that don't have ways to buy coins or specialized hardware for mining (for example 3rd world countries).
Topic: Mining on Mobile Phone - page 41. (Read 12458 times)
Mining of mobile phone is not worth it. It will damage your phone and you wont get anything.
Yeah I wouldn't commit an $800 phone to mining if it earned $5/day. Not worth it.
Oh my God. How stupid it sounds. Well what is the processing power? Have you seen the complexity of mining recently? Now not even every video card is suitable for this business.
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
No, because it has no future at least in terms of how mining is being done today. There are hundreds of millions of active mobile phones around the world and if everyone started mining the profit would be very tiny. There is no motivation for a mobile phone owner to mine on his phone for a year and get a few dollars while paying for the reward with his own sufferings from using his constantly discharging phone within a year.
There doesn't seem to be any coin that really supports this yet. electroneum advertised this idea but they don't have a working implementation as far as I can see.
Mining of mobile phone is not worth it. It will damage your phone and you wont get anything.
I am currently mining in my mobile phone and I am near my withdrawal status. I cannot say if it is legit right now because there is no transfer yet in my wallet. However, it does takes a lot of patience and dedication to mine in the mobile phone and it easily drains the battery. Positively, I am glad too that I have a way of keeping myself busy while travelling on a congested road. At least, I make my idle time fruitful and think positive that I could earn a passive income in the future through mobile phone mining instead of just playing mobile games.
It is a pity that you do not say any concrete figures. What kind of coin do you mine? what benefit do you get? All I understand is that you only get a discharged battery of your phone Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
We recommend taking into account the advantages and disadvantages first. I think mining does not work well on the phone, it could be that your phone will be damaged before you make a profit.
I am currently mining in my mobile phone and I am near my withdrawal status. I cannot say if it is legit right now because there is no transfer yet in my wallet. However, it does takes a lot of patience and dedication to mine in the mobile phone and it easily drains the battery. Positively, I am glad too that I have a way of keeping myself busy while travelling on a congested road. At least, I make my idle time fruitful and think positive that I could earn a passive income in the future through mobile phone mining instead of just playing mobile games.
What about a POS coin ?
you are reducing drastically the life of your phone so ITs NOT profitable...
Regards,
Clarf
I agree with your opinion. Estimated to dig out a coin needs several cell phones. The main function of the phone is communication. And mining are specialized mining machine. Regards,
Clarf
I don't think this will be viable option in mining. I'm sure my phone will explode later on when I use it in doing mining. The computer specs requirement for mining is high and imagine using your mobile for in replacement of that. Nana, I dont think it is possible.
Yes you can mine on phone, just search some faucet free for mining. But i heard it is not good doing on phone, maybe your phone get broke. As you can see or watch about the mining rig or tools it is so expensive.
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
I think mining with mobile phones will not be efficient. The mobile phones are getting hot even without this kind of processes. In my opinion, waste of time.
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
I think this is not impossible. Just a matter of time. The problem is the phone is missing a lot of components. There is power problem. And not enough computing power.I really can't see any profitability doing this, and are you willing to lose your device to earn only little amount of btc/dollars? well better to think wiser and
explore more instead of doing it.
If you could make a way that mining can be powered by only our mobile phones, that would be great. Many miners wont need to buy hardwares and install powered resources. As what ive said , mining requires high powered computer hardware and no mobile phones can do it. If someone make this one come true, im sure there would be more miners than holders.
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
do not do it because it will make your mobile phone to be damaged and make you lose because his income is also not comparable with the damage you will experience in your mobile phone, you should use RIG only for the cheapest mining.
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
Yes.If you do this, many phones users will try to mining this cryptocurrency ...
Why not?
Just do it
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?
For now. Even improve the phone's configuration. Reduce mining efficiency. Still can not succeed. This requires higher technology to achieve.
Is it even possible? I believe PCs do enough good job in that respect
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