Pages:
Author

Topic: Samsung galaxy s5 mining bitcoin? - page 3. (Read 1238 times)

sr. member
Activity: 309
Merit: 250
November 02, 2017, 08:45:25 PM
#25
I've read about this news lately seems like samsung is trying to give life again to older phones by using them in creative ways such us security cameras and bitcoin miner (grouping 40 phones S5) that run on a custom OS not android. Personally I don't think it's enough to mine but  there is this picture that describe the power of those 40 phones grouped toghter : https://i.imgur.com/zeg7tc5.png
legendary
Activity: 1148
Merit: 1048
November 02, 2017, 08:38:18 PM
#24
Oh look, I'm only 7 short of old S5s building a rig that's more efficient than a desktop lol. But seriously, you're much better off getting desktops or actual mining rigs instead.

This is cool and all, but it really doesn't seem viable. How long would these phones last when used for mining 24/7 anyway? They're not built for that kind of usage.

Ive always wondered about this. Ive tried mining apps on phones, they suck ass for the most part. but I have always wondered if you suspended android, and just used all that beautiful hardware and gpu, what would really happen. I guess this LOL. but these devices arent really designed for all that noise, and the batteries will rapidly degrade. I have a hotspot that has seen some crazy ass man hours of use; its totally on its last leg. swollen battery (which is dangerous) and a non responsive touch screen (yet i havent interacted with the screen for years).

miners are the best bet, esp given that electricity will be your fuel Smiley you want the most efficient device (not the most inexpensive device) because the difficulty will increase.


this is like Cuba with that playstation supercomputer  Grin
hero member
Activity: 1834
Merit: 759
November 02, 2017, 08:22:26 PM
#23
Oh look, I'm only 7 short of old S5s building a rig that's more efficient than a desktop lol. But seriously, you're much better off getting desktops or actual mining rigs instead.

This is cool and all, but it really doesn't seem viable. How long would these phones last when used for mining 24/7 anyway? They're not built for that kind of usage.
full member
Activity: 378
Merit: 100
November 02, 2017, 07:59:19 PM
#22
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
A lot of news about the mining of samsung s5. Some say even 40 samsung s5 can be faster than computer, etc. But what I found was only a matter of discourse or trial news. I have not found some success story about this, about how long the phone can survive, how much time it takes, and how much will get in a certain period of time with the samsung mining.
full member
Activity: 518
Merit: 103
November 02, 2017, 07:58:40 PM
#21
i've encountered this article a few days ago,it's saying that samsung wants to use its mobile phones for mining, and there is also a video that came with it, there were a lot of phones, inserted in one platform, and then they perform mining, still i doubt it, though samsung is a great company, still they want to advertise their products, i guess it's all for publicity so more people will buy them. i think if the technology they created was true, why would they sell it to public, rather than mine their own bitcoins, using that technology, and even if it were true, it will still be costly. for now, what we can do is to keep on an eye on samsung, since there was a rumor back then that satoshi nakamoto is not a person but a group of businesses and samsung is allegedly one of them, maybe they can create a mobile mining system.
full member
Activity: 673
Merit: 112
umachit.fund
November 02, 2017, 07:41:14 PM
#20
I have never heard anything like it! it looks like nonsense! as a mobile processor can better mine than a full i7 core. I agree that this is good for advertising for the company, that's all.
sr. member
Activity: 322
Merit: 253
November 02, 2017, 07:35:37 PM
#19
Samsung are making some sort of advertisement this days. And I will not be shocked that they’re the one making this stories. Is it even profitable? as I think it can’t be. 7 smartphones oh I really need to buy a gpu on my own now than those mobile phones. This is too much publicity for unprofitable ideas, that might just be a marketing strategy from the brand itself.

Does iPhone be next or I’m just waiting to have one for sure I’m gonna try this one. Lol
newbie
Activity: 11
Merit: 0
November 02, 2017, 07:30:31 PM
#18
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
I doubt that this will actually work,  but thanks for the news!
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
November 02, 2017, 07:29:29 PM
#17
It's totally not worth it. Smartphones are not made to be working with 100% load for an extended period of time. The components will degrade much quicker if the processor will keep the elements heated up for days or weeks and the battery will go through multiple charge/discharge cycles within 24 hours. You'll just kill your phone if you try to mine and the amount of coins mined will be very low.
I have been using a Samsung S3 Mini--not for mining, mind you--and it routinely goes through a couple battery lives daily, and I've been using this phone for 4 years now.  It's a frigging tank!  That's interesting, I didn't know any of what you just wrote, not being an engineer or computer science guy.  What I do know is that I'd love to be able to mine bitcoin, or any decent altcoin, on a cellphone.   I'd do it in a heartbeat.   Maybe one of these days it'll become possible, but I tend to believe the folks who posted here saying that it isn't.  Sounds too good to be true.
sr. member
Activity: 851
Merit: 254
Borderless for People, Frictionless for Banks
November 02, 2017, 07:10:27 PM
#16
no joke.. how much you get if you mining from samsung s5? is that better than antminer?  Grin

anyone, please tell me if this method success, because i want to try..  Tongue
full member
Activity: 608
Merit: 100
November 02, 2017, 07:08:14 PM
#15
I also see it in my country, that samsung galaxy s5 is used to mine bitcoin. from news I read, they use 40 devices with new custom modifications. but samsung keeps secret about the motherboard being used. this is link https://teknohot.com/galaxy-s5-untuk-menambang-bitcoin/ please translate yourself.
full member
Activity: 266
Merit: 105
November 02, 2017, 06:36:25 PM
#14
i saw that news somewhere in a facebook page. samsung use a lot of s5 to mine bitcoin and it was stated that it is more efficient than mining through gpus but they didnt say that it earns more bitcoin by using those rather than mining through gpus, i believe mining through cp is a lot weaker than using gpus/cpu.
full member
Activity: 140
Merit: 100
November 02, 2017, 06:35:33 PM
#13
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business

I think using cellphone in mining is not strategic and not profitable. We all know the that the processor power of a phone is not powerful unlike the real desktop computer. I am also disagree that samsung s5 phone is fater that I7 core GpU desktop. Its a big no way... its better to buy hardware for mining if you're willing to invest to earn bitcoin in the future than to spend your money buying old samsung phone.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
November 02, 2017, 06:33:04 PM
#12
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
Yes it's been on the internet news websites and it's spread. Samsung will be releasing an APP that they've made which is specially built for mining with those s5's.  But this is not a worth it investment and if you want to try this out better to invest in trading or with real mining rig (ASIC or GPU). For sure that mining APP will just help to blow out those s5's easily. It's a big help to the community since Samsung is now open with crypto and mining but to be wise, I won't try this out.
Why will they make app for s5 when they already have s8 with better hardware and especially why will they take care of bitcoin mining? Some people here don't like antminer s7 for mining and who will use samsung galaxy s5? You want to say that galaxy s5 can replace antminer s5? No man, forget mobile mining but can't to not agree you. It's great feeling when your phone charges on wifi, you walk and your phone earns money, nothing can be so amazing.
Who said samsung is opened to crypto? Never heared about that.
full member
Activity: 854
Merit: 108
November 02, 2017, 06:07:34 PM
#11
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business

As what i have learned about mining it will need a huge source of electric power so that you could earn enough coins as the process will need to work overtime in which i cant imagine just in a single cellphone. I think you will need hundreds of cellphone in order to create a massive power to support the process but still nothing can beat the electical source provided by the natural electricity provider in which they have a very stable source.
member
Activity: 108
Merit: 10
November 02, 2017, 06:01:05 PM
#10
Wow, couldn't even imagine such an approach to mining, really! Would be nice to use my good old s5 for that thing
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
November 02, 2017, 05:57:54 PM
#9
When I saw tittle of thread, I thought you are kidding. But looks that not. Still, it looks very stupid idea for me. Phones aren't made for mining and it can't be profitable. It's just fast way to overheat phone and finally kill it. Maybe it's possible to mine some altcoins with phones, but I think it's not worth to do it.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
November 02, 2017, 05:45:44 PM
#8
Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu.
Wow! In that case, a phone could mine at least a few satoshi per year, assuming that there are no costs whatsoever.

I can't find any actual useful information on this topic, but it's most likely that these would be used to mine altcoins rather than Bitcoin.  They would have to be running on ASIC-resistant coins or they would still be essentially worthless.

There is something to the concept of reusing old smartphones though.  From a business perspective it's been overlooked, because I think that people would be more willing to pay the high prices for a good phone if they knew that they could resell it later for a decent price and it would still be used.
hero member
Activity: 2338
Merit: 517
Catalog Websites
November 02, 2017, 05:44:27 PM
#7
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
Yes it's been on the internet news websites and it's spread. Samsung will be releasing an APP that they've made which is specially built for mining with those s5's.  But this is not a worth it investment and if you want to try this out better to invest in trading or with real mining rig (ASIC or GPU). For sure that mining APP will just help to blow out those s5's easily. It's a big help to the community since Samsung is now open with crypto and mining but to be wise, I won't try this out.
hero member
Activity: 2184
Merit: 531
November 02, 2017, 05:27:34 PM
#6
It's totally not worth it. Smartphones are not made to be working with 100% load for an extended period of time. The components will degrade much quicker if the processor will keep the elements heated up for days or weeks and the battery will go through multiple charge/discharge cycles within 24 hours. You'll just kill your phone if you try to mine and the amount of coins mined will be very low.
Pages:
Jump to: