I would not recommend mining with your phone.
1st. You kill your phone
2nd. Its not profitable.
Topic: mining with smartphone - page 5. (Read 6257 times)
I tried an apk on my Flex and it was giving me 4mH/s
it can not be real to mine with that speed with just phone. Anyway, it is not smart to mine with smartphone, because you are wasting baterry
I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.
With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
MZ
really? Can you provide proof? I think, It's really impossible
I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.
With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
MZ
4.7 GH/s for 2 smartphones? Are you sure?
Combining the very best CPU and GPU on desktop shouldn't give you even 1 GH/s...
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I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.
With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
MZ
I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.
Latest smartphone can be using for mining but only 1 or 2 kh/s. This is too low I know but what about 100.000 smartphone. Especially If you are using Android phone be careful while you are downloading free games or application. Don't forget, "If product is free, now you're product"
Say if you have access to 100,000 phones, and each can hash at 1 KH/s, you will have a total of 100MH/s (while a dated Block Erupter USB can give you 330 MH/s).
So, nope, it is completely useless in the sense of mining.
if you invest in mining equipment it would take like 60-90 days to make roi
Either you have early access to the newest ASICs, or you have made some mistakes in the calculation (eg. forget the difficulty increase, forget the electricity cost, etc)
How bout cloud mining? How does that work?
They host hardware for you and they either pay them for hosting or payout is deducted for electrical cost and maintainence costs. They are usually very over priced and they take high fees from your payout too. It is really hard to ROI.
How bout cloud mining? How does that work?
Not possible at all to mine with a smartphone unless you were planning on frying the phone. It's pretty impossible for anyone to mine now without having the right equipment.
Everyone agrees that mining on a phone if futile. Alright. But: Is it really frying the phone? Will phones suffer from the same complications that may render desktop computers or notebook computers useless when they're being used to constantly mine Bitcoin?
if you invest in mining equipment it would take like 60-90 days to make roi
probably even longer if they even ship. The difficulty increase is one of the factors to your ROI, so is electrical cost. Unless you have electrical cost, it isn't profitable. The hardware might be faulty and you would have to send it back for servicing. Therefore, it is really really risky. if you invest in mining equipment it would take like 60-90 days to make roi
Or maybe you won't return on your investment at all!
Mining is a risky business, only the big farms can have decent profits at the moment.
if you invest in mining equipment it would take like 60-90 days to make roi
Is it possible to mine using a smartphone? Ive seen some mining apps and curious if anyone has actually tried it
People telling you it's impossible are totally wrong, it is technically possible to mine with a smartphone and in fact I did and it was quite profitable about a year ago with altcoins (scrypt), now the question your should ask your self is, is it worth to do so, Absolutly not, not only that you'll waste more money than what you'll earn but you'll compromise the life span of your smartphone which is a double loss
It will be 1 life mining on sp to get 1 btc
You can mine with a phone. However, note that phones do not have even a fan cooling. They overheat very very easily. The speed is smaller than a desktop CPU with even better cooling. There is a very high chance your phone would die very soon without cooling. The best is to buy ASICs or custom build PC for it.
Not only that, it will also shorten the life of the phone pretty much to few months...
You can mine with a phone. However, note that phones do not have even a fan cooling. They overheat very very easily. The speed is smaller than a desktop CPU with even better cooling. There is a very high chance your phone would die very soon without cooling. The best is to buy ASICs or custom build PC for it.
If you could, your phone would die and produce maybe 0.00001 bitcoins per year
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