Topic: Mining with mobile device - page 5. (Read 1561 times)
Mining with phone will be a very great news. The portability and accessibility of phone will bring a greater experience to mining. So I do not think it is a bad idea.
Mining with mobile phones is quite difficult, as the hash rate is very low. Furthermore, we all now, that the battery of modern phones only last a day, by the mining process I am pretty sure, that the battery will be empty after a couple of hours or even before.
What might be interesting is mining through proof of stake. However, I am not sure, if there are many mobile wallets who support this features.
Keep in mind that you need a permanent internet connection for any kind of mining.
What might be interesting is mining through proof of stake. However, I am not sure, if there are many mobile wallets who support this features.
Keep in mind that you need a permanent internet connection for any kind of mining.
Combination of mining and mobile phone. I don't think it works. Now the mining is large mines in operation. Individuals can't dig bitcoin at all
The coin may turn into a POS system maybe later, so you don't have to dig.
The coin may turn into a POS system maybe later, so you don't have to dig.
It is probably not worth the effort of mining on a smartphone. I set up an xmr miner for cpu on an old phenom 2 and it just wasn't worth the time expecially since I was using nanopool and it doesn't pay out until you mine 1xmr.
definitely mining on smartphone just wasting your time and battery only for a little amount per month
Actually you can mine some altcoins with mobile phone, but it's not worth it. Try mining bytecoin, there's a guide showing how to do it, it's one of few coins that you can actually get some little rewards mining on mobile phone because of its hardware limitation, but it's a funny and good way to introduce you or anyone in mining thing.
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
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
Why not try posmining? No gpu/hardware needed. Just employ postoken mint function and youll stake your Pos with 100% of interest. Here's the thread https://bitcointalksearch.org/topic/annpostokenfirst-pos-smart-contract-tokenlending-platform-available-2110712
I don't want to be the barer of bad news, but mining is pretty much a waste of time. Unless you have like a huge plant that you own or a rig in your basement you're just wasting your time. Sorry, but there are easier ways to earn cryptocurrencies then draining your electric bill.
Also downloading client stuff puts you at more risk to having your systems compromised. Hackers could gain access to your devices and steal your money.
tl;dr: Don't mine.
Also downloading client stuff puts you at more risk to having your systems compromised. Hackers could gain access to your devices and steal your money.
tl;dr: Don't mine.
Mobile devices are just not meant for cryptocurrency mining. It would take years and years for you to even call what you mined a profit, assuming that your phone won't break, though it sure will within days. No one knows if mining electroneum will be profitable yet even though the developers claim it as it is not live yet, maybe you want to try.
You probably would never turn a profit. The phone requires charging which through mining the battery would be going down very quick because the phone would be operating at it's full capacity or near enough to it. Phones aren't meant for mining, and you aren't going to make a profit. If you want to mine you need to seriously invest in proper mining equipment.
I don't think that it is wise to do so. Buying a 500$ smart phone just for mining is not a good choice compared to buying a 400-500$ RX580 or GTX 1070, with this graphics card you will have more earning compared to what your smart phone can mine as its processing is not as strong and powerfule compared to a dedicated graphics card. If you really want to get serious with mining you need to invest in hardware.
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
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'm not particularly familiar in mining using your own mobile device, i bet youre talking about some mining sites that tells you that if you log in and stay on the site the device will let you mine because they are using your domain but I think its not real mining. You're going to need some knowledge in computer hardware and computer software in order to mine some crypto (processors, cooling system, video card and other other computer components that can give you some hash power, there are some platforms that can offer games and at the same time while playing, you can earn and mine some crypto (like the hashrush platform), and like they are saying mining BTC is quite hard nowadays so one must have to do some proper research and study in order to have a return of investment when someone is going to enter a crypto mining.
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
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
It's unlikely to net much, but you might get something. I would never do it with any device that I planned to use in the future for something else; they need to be throwaways. They are likely to get fried.
I definitely wouldn't bother mining Bitcoin... you'll get literally nothing. Monero is the best option I can think of, and it's easy to set up with Coinhive. I don't know much about Electroneum. I've heard it's a scam.
I think it's much better to buy into cryptocurrencies with whatever amount of money you can spare, then trade amongst different coins. Mining isn't worth the effort without dedicated hardware.
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
electrneum was a success ICO but i think we can't except much profict from mining
Why wouldn't you be able to sell them? Mobile devices aren't made for mining, so it wouldn't even be worth it to try. I suggest you just donate them to charity, or look up some uses of old phones on the internet.
Mobile phones are not made for mining coins. The phone would explode if you put a lot of pressure. In the future i think you can mine coins, but now they are not that good in mining.
After a few years phones will be more stronger, but it is a risk though, because mining will overheat your phone.
After a few years phones will be more stronger, but it is a risk though, because mining will overheat your phone.
Mobile devices are just not meant for cryptocurrency mining. It would take years and years for you to even call what you mined a profit, assuming that your phone won't break, though it sure will within days. No one knows if mining electroneum will be profitable yet even though the developers claim it as it is not live yet, maybe you want to try.
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 suggest you try mining other cryptocurrencies because people are using the latest mining devices with the hash rate of 11.5TH/Saturday and even they are finding to make a good profit out of it. 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 want better use pc do not use mobile device, for mingng nice use pc
I don't think that it would be beneficial to even mine a Monero using a mobile device because that might even end really up to a year to mine one. If you can have a PC to mine for that then that would be good because it's worth than you just mine it on mobile because if that happens maybe your mobile would end up worse or being damaged. Just keep in mind also that if you are into mining plan ahead to pay electric bills that much.
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
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 think Samsung has already started mining with some of their old mobile phones, sort of doing re-cycling. But I don't know what much hash power it can produced though or it is profitable or not. They are just doing some experience to recycle old phones or course to become environment friendly. Monero has been breaking grounds with its browsing mining which turns out to be profitable. But mining with mobile phone, I haven't seen any reports yet.
EDIT: Here's the link: https://bitcointalksearch.org/topic/2017-10-29samsung-builds-bitcoin-mining-rig-using-old-phones-2331426
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