[Question] The First Digital Currency You Can Mine On Your Phone - page 2.

suzanne5223

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Quote from: avikz on November 19, 2019, 10:02:40 AM

There are other currencies like Phoneum and Electroneum which can be mined through a smartphone! Electroneum is around for quite sometime now. So it's not a new concept to the market! Also Phoneum is based on a similar kind of concept like Pi.

However, if you truly believe that such currencies will overtake bitcoin or any other major cryptos in the process, you are living in a fool's paradise!

You're right and i believe the OP dont understand that how a crypto project flourish in the market are not measured by fast tx, ease of mining etc but through the level of confidence the community have towards a certain project.
Meanwhile, Tron, XRP etc offer unique tx fee and time than bitcoin but the crypto community still prefer bitcoin above them.

alrose

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Quote from: dnsokoljuk on November 19, 2019, 03:09:00 PM

Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/
_{This post is not advertise the said coin, this post is only for sharing thoughts about it.}

Cool! That is a dream - to mine on the phone. I know the currency which created to mining with phone - that is Bitwings project.

It seems to me that this makes no sense at all. There are a lot of mining stationary equipment. Is it really no enough ?!I heard for the project you are talking about,but are you sure that with the help of the technology they offer, it will really be possible to earn ethereum?I think it's bullshit to be honest.

Jercyhora2

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Thanks for all of your response guys, mining on mobile phones are not the best way to earn. It will only give damage to our unit

jossiel

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Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

By this statement, it's already obvious that you should avoid this kind of coin. People never learn that no coin has been seen to surpass bitcoin.

dnsokoljuk

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Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/
_{This post is not advertise the said coin, this post is only for sharing thoughts about it.}

Cool! That is a dream - to mine on the phone. I know the currency which created to mining with phone - that is Bitwings project.

Katashi

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Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Just because it can be mined via phone it will surpass Bitcoin? Grin

it doesn't work that way because if a new coin like to overtake Bitcoin then it must be fully decentralized with a real use-case and huge demand though it will not likely to happen since the Bitcoin community is so large that they will not let that thing to happen.

jacafbiz

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I have seen and read about some coins that can be mined with phones, but the question is how has the proof of concept of these project gone, how secured are their networks. I don't believe these coins have any chance of success unless it is just for research purpose.

Mammothcoin

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KoinPro

The claim of being the first digital currency to be mined on a phone is false. There are other projects like ETN, Phone I'm and even UPlexa which are phone mine able.

Since that is the headlining feature of your digital currency, what real value does your project have to offer?

BigBoy89

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It's not the first phone coin at all. Electroneum is 2 years old now.

IMO it's not worth at all - to mine. I prefer to keep my phone 'clean'. And the phone's price is close to a mid-level desktop miner (P30 Pro). Maybe will worth just to buy some small amount, in case it becomes at least successful as Electroneum.

Furryball

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Electronuem and phoneum are the first kind i see but they work like cloud mining and i think that is the best they can do because no mobile phone can handle the heat of mining like mining rigs do, they will die instantly

TanakabZX

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The best mining phone i can think of right now is wings mobile wx which can mine up to 2 eth per month, too good to be true? i guess not, many failed to do thorough research on how this might be possible, i think bitwings team find the answer, Neobit which is as good as bitmain that build bitcoin asic miners today, neobit find way to make this possible using POD (Proof of Data) instead of POW

vanya.pronin.1983

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I can hardly imagine that such coins will ever get successful. Mining on your phone is a very interesting concept, but has nothing to do with revolution or bringing crypto on another level. A cool idea, nothing more.

barnes13

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I've never heard of that coin before. But I think mining on a phone is not a good choice, it seems half-hearted. If you want mining why not focus on assembling RIG or buying antminers as well. Honestly, in my opinion it's really not worth it and will only create a burden on your phone.

CryptopreneurBrainboss

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Firstly your average mobile phone weren't meant for mining so I don't buy into the idea as it'll be putting your smartphone at the risk of battery life short span. If smartphone companies interested in cryptocurrency (like HTC, Samsung etc) were to invest into manufacturing smartphones that could be use for this purpose without endangering the lifespan of the phone then i won't have a problem. Thirdly be extremely cautious of any project adverting themselves as the next bitcoin via price gain as that's a common marketing strategy employed by scammers to create FOMO among greedy cryptocurrency enthusiast to steal their funds.

Conclusion; there's nothing that special about this project, nothing new like others have stated. We have seen different projects come out with exact idea and most of them aren't progressing per se, this won't be any different.

sujonali1819

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I am popular with Electroneum that may be mined with the smartphone. But First I tried to mine Raiblock [Todays NANO] via my smartphone. Maybe it is not called mine actually. when launched the Raiblock [NANO] there was a system that people can earn the coin by data entry/ completing captchas. Even on that moment, I am not familiar with this forum. So that was my first coin earning with Mobile.

Ferris419

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Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

_{This post is not advertise the said coin, this post is only for sharing thoughts about it.}

Did you believe that noob guy? Whoever claimed that it will surpass bitcoin they all died badly. I have no interest in mine these shit altcoins who has no popularity but yet they want to beat Bitcoin or even compare.

Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

Mining using phone is a great, but I think it will make our phone slow.

How can you say mine using phone is great? Did someone earn huge money by mining from a smartphone? Yes, there is a possibility as this is a very easy process so anyone can do it., If a proper smartphone-based mining coins come, everyone will support them.

ryzaadit

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Quote

Mining using phone is a great

It's not.

However, some of the coins offering us mining their coins with your phone. If you want to know, you not really mining you only just got a share hash rate virtual from them also some a few apps using this method to mining other coins with coin miners. It's means, you got a hash rate virtual from them and your reward its a shitcoin, but they will have a real hash rate mining other coins who have a high value. I better working as a captcha typer instance using my phone device for mining like this.

enhu

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There seem to be no details of it where you can trade it. It would be pointless to mine it if there is no market for it. Building a community for the project is a lot harder if there is no market and no real use for this coin. Mining through phones is good if its really possible. Getting people to be involve and use it is a big problem not just to coins like this one.

But how do you get an invitation? You see we even need an invitation to download the app.

lighpulsar07

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Electroneum is the first digital currency that can mine on phone only... although in technicality you can mine bitcoins, ether and other cryptocurrency on your phone the problem is the hashrate of the network which is very high in some currencies so, mining in phone is nearly impossible since the gpu and cpu cores aren't strong as on those in computer itself.

Tipstar

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Quote from: Jercyhora2 on November 19, 2019, 09:55:20 AM

Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/
_{This post is not advertise the said coin, this post is only for sharing thoughts about it.}

I remember Electroneum was the first to claim that. Though I also have pi along with electroneum in my phone. Tau also seems to have a mobile mining app, a real one, but it drains the battery very quick. Phoneum also had a tester app, don't know if they are out of bet yet.

Topic: [Question] The First Digital Currency You Can Mine On Your Phone - page 2. (Read 392 times)