Topic: When will smartphones used for bitcoin mining? - page 28. (Read 4861 times)

As of now, smartphones do not have the capability to  mine because they do not have the graphics card that is suitable for Mining. In the future it might be possible because technology is rising rapidly. If you really want to mine now you really need a big amount of money and you need to consult people who have experience in mining in order to make your cryptocurrency mining successful.

I'm afraid most mods won't make the effort of correcting these users... What i usually do is just put these users on ignore, and i hope many other senior members do the same. This way, these spammers will have less chance of receiving merits, so they'll probably never reach a rank higher than Jr member (eventough this particular one was lucky enough to be a member when the merit system was introduced... However, since then he doesn't seem to have gained a single one). I just hope that when they are locked in a lower rank, they'll give up sooner or later....

Anyways, i'm happy to see at least one person took the time to read my post

I don't think cellphones will be powerful enough to be used for bitcoin mining. Then again, bitcoin mining is not very profitable these days or so they say. I mean the amount of resources you need to pull to make a rig and the upkeep for these resources outweighs the amount of money you could earn mining. Believe me i tried.

Try electroneum, it is a sample of mining using your phone. Look into it and research if it works for you.

If smartphones can be use in mining therefore we don't need high end power computer with great capacity. Like if does, we can use ordinary desktop or laptop but the reality is it can't be so stop dreaming of using our smartphones to mine. Just imagine what and how much you can mine versus your phone cost when it gets to explode.

Well we do not know if this could be possible because there are mining equipment that relatively do not use much power for a system to mine a crypto. And the mined crypto also is not that huge so we can conclude by unit that it will be a small amount if possible in mining on it.

   Mocacinno, thank you for such detailed replay. You're right when you say that people rarely notice good comments, it`s indeed the case here. People continue
commenting, it would not be a problem if these comments were good and constructive, unfortunately they`re not, most of them are just repeating one sentence
without logic and sense. Many do not want to make an effort to understand the topic before you write something, but just banging stupidity for comments for the
campaign.
   Even I know that smartphones can`t be used for mining. Different applications that exist aren`t trustworthy, most of them are just scams and people can just
be scammed when they download some virus with that applications that will clean their wallets.
   Your comment passed unnoticed again. I quoted you and I hope someone will notice your comment now and at least post something constructive, not like this
"Kive2k":

   Mocacinno even you explained everything he still continue with spamming. Should we report Kive2K?

I know that right now people access their wallets through their phones. We also have apps that you can download on your phone that will serve as wallets. But the question of phones having the capacity to mine is very much near. I know of a phone that you can use as a cpu. I'm not saying that you can use it to mine but in the near future definitely.

As mobile phones have many functions and they have a lot of application software, they can be used to dig up mines, but mining on smartphones will limit some of the things that make diggers more difficult to dig. mine

I don't think that it will not come out as a good idea for the smart phone to be used a mining tool for bitcoin because mining bitcoin requires a lot of power from the processor and for the video card or the graphics card and the smartphones doesn't have a good ventilation for the air to circulate so it will just cause overheating that will damage the lifespan of the smartphones.

There are no trusted applications for the iPhone or iPad for mining. For Android users, there are more apps. Of course, there is no any competition with platforms on video cards, and even more with ASIC. Because of a weak processor, weak video card, fewer cores, heating, heavy loading, and charging. And financially it is not so attractive. Such mining is only for the mining, and not for profit.

I dont think it would be happen ever  as we see even GPU s cant do it how smartphones could it immposible and never will happen maybe now with thousends phones maybe but it future no.

No and not today nor in the next couple of years,mining is too risky to be operated in smartphones,look how high powered the miner that we use now,imagine how can we apply this for smaller gadgets,this will only destroy the gadget so dont expect too soon,but mayne in future for further development

I already see before my eyes the smartphone farm for mining, and the manufacturers are in pursuit of productivity. In general, the idea is interesting, very much even.

Since my last post clearly outlining why bitcoin should not be mined with a smartphone, not now, not in the future, people still keep posting in this thread. It's still being treated like it's an opinion piece while in reality this thread should rely on simple math.

Since my previous post didn't do the trick, i'll simply do the maths proving once and for all that mining with a cellphone should not be done...

Let's take a "normal" cellphone CPU: a Cortex-A9. https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison#Other teaches us this CPU is hashing at a whopping speed of 1,3 Mh/s. If you underclock this CPU and it runs at 0.57 Mh/s, it draws 0.5 Watt. Let's just assume that making this cpu hash @ 1.3 Mh/s also draws 0.5 Watt (eventough it won't).

Let's take the current difficulty of 5949437371609

Let's take the current block reward of 12.5 BTC + 0.12 BTC in fees = 12.62 BTC

Now... Let's plug these numbers into the formula to calculate how much BTC you'll mine on average with such a CPU:
(((1300000 * 12.62  * 600 * 65535) / 2^48) / 5949437371609) * 6 * 24) = 0.000000000055 BTC/day = 2 satoshi per year!

An "average" pool seems to have a payout threshold of ~0.005 BTC (https://www.f2pool.com/help/?). So, in reality, it'll take 250000 years to reach the minimum payout treshold.

If you decide to solo mine, it'll take (on average) 631.000.000 years to solve a block (yes, that's 631 million years).

During these 631 million years, you'll have burned 2,7 TerraWattHour, i doubt the block reward will cover the power costs. Do realise that every 210000 blocks, the block rewards will halve... Cutting in your profits.

Now for the people continueing to claim that in the future you'll be able to mine with your cellphone: just look at the above formula... If, some day, cellphones will have chips that are as performant as current ASIC's, the ASIC company's WILL have access to the same technology. An ASIC is built for the sole purpose of creating sha256d hashes, it will ALWAYS be more performant than a CPU...
So, in the future, the only 2 things that can happen are:
- bitcoin might be worthless, so ASIC companies are not interested in creating new ASIC's, the future CPU's become more performant than the old ASIC's and you'll be able to mine worthless coins
- if bitcoin prices continue to be this high, ASIC companies will use the new technology to create new ASIC's. In this case, the network's hashrate will rise exponentially, the diff will rise, so the number 5949437371609 in the above formula rises exponentially, making it impossible to mine with new cellphones due to the high diff

It can’t happen. No matter how smart you believe they are, smart phones won’t be able to mine Bitcoin, if it was possible they would have done that since. Mining Bitcoin requires a lot and that’s not something a smart phone can handle.

I usually see some applications that are tagged Bitcoin miner but they are all fake and you shouldn’t trust them, they don’t mine anything. Lol. So if you want to mine Bitcoin you should just get a laptop and your miner and then you’re set.

This dream of yours  might not happen and would only lead for your smartphone to be broken. Yes, its true that smartphone nowadays have changed drastically compared the past few years but still, it can't still do mining similar to computers.

We really don't need to push mobile mining anymore the power and speed packed in a mobile phone is not enough compared to what you can receive on a mining rig. Trust me I have tried it before my phone is really pushing its limits for nothing after just 20 minutes of mining via minergate you will feel that your phone is hot even if the screen is off meaning the processor and its tiny gpu is still pushing it causing the phone to heat up very fast. Another cold hard fact is Heat destroys your battery it decreases its life cycle very fast.

You can click  link in  my signature and read his page and white paper
When virtual chips will be created what will replace cpu
That time ASIC dominance will end

Most of the m are using an application since cryptocurrency right now is very accessible on different platforms either for android or ios, there is a section here in this forum which you can check in order to find application for mining on mobile.