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Topic: Mining with mobile device - page 4. (Read 1585 times)

hero member
Activity: 910
Merit: 550
November 03, 2017, 08:06:56 AM
#50
mining with mobile device an altcoin is not profitable you will just end up on losing your phone because phone has a li-on battery unlike computers they have a power supply and also they can handle the pressure of being used for a long term. i never had a mining rig since the electricity cost here in our country is really expensive so im just end up on getting a net loss.
full member
Activity: 476
Merit: 102
November 03, 2017, 08:00:43 AM
#49
Using mobile phone in mining can encounter difficulties because mining is need a large CPU usage that mobile phone cannot supply. If you are using monero in mining through mobile phone its take to long time before you gain your expected bitcoin value. Mining is good and if you want to engage in mining it is better to use computer or laptop because it is ideal use for mining due to the large CPU capacity.
newbie
Activity: 42
Merit: 0
November 03, 2017, 05:12:49 AM
#48
Mining BTC in mobile device? No way, forget about this.
newbie
Activity: 5
Merit: 0
November 03, 2017, 05:04:38 AM
#47
Samsung has made a Bitcoin Mining Rig Out of 40 Old Galaxy S5s  Shocked

Their headlining project at Samsung’s recent developer conference was a 40-stack of Samsung Galaxy S5s turned into a Bitcoin mining rig. Not only were the phones able to mine Bitcoins, they were able to do it more efficiently than a desktop computer. In fact, eight Galaxy S5s can mine more efficiently than a computer with an Intel Core i7 2600.

Of course this is an experiment, but it serves to see the potential that can have relatively obsolete devices.
full member
Activity: 157
Merit: 100
November 03, 2017, 05:02:53 AM
#46
Do not use your phone for me, I've tried to mine on freebitco.in site and do not produce anything, if anyone ever make it from mining via phone, the result is not too much.
full member
Activity: 420
Merit: 106
November 03, 2017, 04:43:19 AM
#45
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

This is maybe possible with some alt coins but in bitcoin or the some of the top currency it is not profitable mobile phone do not have enough hashing power to mine crypto why choose phones if you can buy computer but if you think again phone is more power saver than computer but dont have enough mining power than computer. good luck just invest if you think you can make profit.
full member
Activity: 280
Merit: 100
November 03, 2017, 04:17:42 AM
#44
You can use the Electroneum app to mine Electroneum and then sell it and buy BTC instead. The app does not use much power on the phone. Its more a kind of POS (prove of stake) than POW (prove or work).
full member
Activity: 406
Merit: 103
November 03, 2017, 04:14:52 AM
#43
for Better mining bitcoin i sugest to use computer, the result is also better.I think the mobile phone just for communication.
full member
Activity: 224
Merit: 100
I will do wonder for YOU!!!
November 03, 2017, 04:09:02 AM
#42
I am not familiar with mobile devices to be used in mining, but one question lingers on.  does it really have the computing ability like the graphics cards chips??? to those who experienced, how much they are mining in a day.  can it handle the computing requirement to mine digital currency?  hmmm.... interesting but no thanks...
member
Activity: 266
Merit: 10
November 03, 2017, 04:02:20 AM
#41
is this applicable or possible in BTCBTCBTCBTC
sr. member
Activity: 476
Merit: 255
November 03, 2017, 03:56:19 AM
#40
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away
If you don't spend money to buy a phone, it's not bad if you try it.
But I think it will be useless, because you will get..mmm..just a little from there, even to pay your internet bill will not be enough.
But you have to try and let us know how it works Wink
full member
Activity: 238
Merit: 108
November 03, 2017, 03:33:11 AM
#39
I don't think mobile device a good stuff for mining I tried one and only earn few satoshi for an hour it's really small it will still depend on your place but for those beginners maybe this would help otherwise I would still suggest pc to be use for mining, with the help of good device and tools maybe you can earn good enough.
sr. member
Activity: 616
Merit: 262
November 03, 2017, 03:05:15 AM
#38
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

Maybe there is a way for this to be profitable but as I read some post about mining Monero, I think it would be better if youo just use your PC in mining rather than your phone. I have read somewhere that they tried to mine an altcoin but then the phone get too hot that the owners are afraid it might blow up and some apps are very slow that's why they just stop mining through it. As for bitcoin, I think it is highly unlikely to mine it with mobile phone because even with PC it is just hard to mine, you need to have the specific tools for mining.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 03, 2017, 03:04:41 AM
#37
you can't mine with your mobile device! they just made a device (or a rig) with a lot of old versions of their mobile devices to show it is still a good and powerful enough CPU inside them to even mine bitcoin. with the current total network hashrate you can't even have enough to find anything decent. not to mention that cell phones run on batteries that are not designed to work extensively night and day.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
November 03, 2017, 03:00:30 AM
#36
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I really think that mining bitcoin through phone is not that profitable. Mining using computer will take years before you can gain income because you will need to update your system, pay electric bills, pay for your computer maintenance. What more if you will mine with your computer.
Practically, bitcoin mining will be profitable only if you have low cost electricity or even renewable source of electricity. A damn tons of graphic card with the highest performance yet the most efficient energy consumption. and last thing, the maintenance to keep your hardware fine and cool, and preferably to mine in the location that have low temperature like countries in north europe and north america.
Sad to be say, individually mining a bitcoin with lowe end rigs will only wasting atime
sr. member
Activity: 1111
Merit: 255
November 03, 2017, 02:57:12 AM
#35
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I really think that mining bitcoin through phone is not that profitable. Mining using computer will take years before you can gain income because you will need to update your system, pay electric bills, pay for your computer maintenance. What more if you will mine with your computer.
member
Activity: 322
Merit: 10
November 03, 2017, 02:55:26 AM
#34
you can do this in altcoins only like you said ' electrneum ' , but i think it's will be very hard to mine and also very hard to get profit from thin mining , but we will see soon
I think mining with mobile devices wont be a success/profitable since it depends on your internet speed and device performance which is much lower than computers/supercomputers can. It will just stress out your phone until it dies. Hence, a negative profit.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 03, 2017, 02:53:15 AM
#33
Electroneum has not yet opened the mobile phone mining feature yet and so it won't be possible to say whether it is profitable or not.
Although they did mention in their article that a high end smartphone will be able to mine 71 ETN coin per month at the price of $0.29 per coin which would give $21 per month. So it is not that profitable since we will have to keep the phone mining always ON which makes it prone to be dead. A single smartphone can't handle such a load and that is why it is recommended to make a mining rig and then mine the coins.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
November 03, 2017, 02:43:09 AM
#32
This is only good fiction. There was one coin that was mined with phones back in 2015 if my memory is correct it was program that calculate and hash power was you, Basically when you walk you mine and when you run you mine, only this coin was worth few satoshi but it was good concept for that time.

Bottom line is no way to mine some coin with phones.
legendary
Activity: 1050
Merit: 1000
October 31, 2017, 03:07:47 PM
#31
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I guess it is very hard to mine bitcoin with mobile phone. It is also hard to mine with common laptop or PC. One of my friend tried to mine with his laptop and then he had to buy another one because his device got out of order. Another friend is mining professionally and he has very powerful devices which are only made for mining.
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