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Topic: When will smartphones used for bitcoin mining? - page 30. (Read 4861 times)

legendary
Activity: 966
Merit: 1000
It won't happen.

Smartphone for bitcoin mining? you are just destroying your phone.

Smartphone as digital wallet, you can simply download an app / wallet and that's how you make it as your wallet.

You never know! With the help of nano technology we may be able to achieve smaller chips that produces as much power as a full sized mining rigs in future. I mean that is not the reality now but it may become in future. If you were 80's kid, did you ever think that you can carry a computer in your pocket? Because what computer we have seen that time was Pentium one and it required an air conditioned room to run that. Nano technology achieved that impossible and now we carry a smart phone inside our pocket.

So keep your hope high as we don't know where the technological achievements can take us!
But still not profitable if the level of mining difficulty is increased, the phone wasn’t created for that and the mining rig should is also developing and professional miners should prefer to use a special tool rather than sacrificing their phone.
newbie
Activity: 82
Merit: 0

What's the crypto he's mining? Maybe he's mining ETN that makes you look like you're really mining on your phone but its not.

I am not sure about the coin he's mining sir. But I know the app for mining coin at handphone but I not getting more attention about that. Because I not like mining. I like to trade and hold.
full member
Activity: 952
Merit: 107
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

I am open to the continuous improvement of technology but I believe that would be too much for a mobile phone to be capable of mining. It would be costly and you cannot maximize the other features of your phone because you are after with mining.
Bitcoin mining needs faster processor which smartphone do not have even most of smartphone can be used as computer. Smartphone also is capable to enter by many sites where can easily to be hacked. Though there are some mining in smartphone, it is not like when you work on good processor with computer. Maybe when there is fast processor created for smartphone or develop a mining sites that are capable for the smartphone only.
hero member
Activity: 1134
Merit: 502
I can see some apps in smartphone that lets you mine crypto however I don't believe on it l, I just think that it is a program that soon can use to get information that is saved in my mobile phone.I also believe that you can use smartphone as a mining equipment to mine crypto but it won't give you the hask needed to mine a single block.
legendary
Activity: 1428
Merit: 1166
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And, have you read the results? That mining rig is doing 20 000 Khash, or 20 Mhash.
The S9 is reaching 14 Thash...about 600 000 times more than 40 Samsung phones.
And think of the power, your usual power bank with 10 000Mah would be able to deliver 12Wh, that's Wh, not kWH.
 Grin
That was just a publicity stunt, nothing more, the phones will never mine enough to pay even one charge.
Well yeah, but atleast it was already proven that mobile phones can also mine bitcoins, it may be not much but still can be be usable.

I just did answer his false statement regarding the possibilities of using mobile phones for being a mining rigs Wink Wink Wink
member
Activity: 280
Merit: 11
Opera Browsers are developing the browser to use mining based browsers for its users
newbie
Activity: 128
Merit: 0
You will only destroy your smartphone, if you use it to mine bitcoin.
Bitcoin mining requires sophisticated and heat-resistant devices that are operated for 24 hours non-stop, if you do it to your smartphone, your smartphone will explode. BOOMM  Grin
sr. member
Activity: 556
Merit: 250
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?


I think that would be hard and quite impossible to happen now. There are lots of things to consider and smartphones nowadays are not enough to sustain the capasity needed to earn and do mining. I believe that time would still come that smartphones would be capable of mining too.
sr. member
Activity: 1151
Merit: 260
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As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

Unfortunately mining is a resource intensive operation, requiring constant upgrades to mining equipment, a luxury that many miners can't afford. It becomes a Rich man's game after a while. Only those with the proper resources end up coming out on top!
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

Mate, I think many have already used smartphones for mining. In fact, there has been this news before that a group of people from India, I think, have used some mid-range smartphones in mining, and the results are astonishing as the method of using smartphones proved to be more cost effective and power effective than using computer rigs. Also, since the device is cheaper than the common mining rigs used, they were able to set-up more of them.
jr. member
Activity: 224
Merit: 2
smart phone minning is very possible, change is very constant and with the threads tecnology is heading towards, we may wake up one day and see a bitcoin minning smarth phone.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
Most likely never. Mining consumes much more electricity than a smartphone can provide. You can't change the laws of physics. At the moment the energy needed to mine is counted in thousands of Watts, so even if you made a super processor able to do that by consuming 10% of that it would still be much more than a phone battery can provide. Not to mention that mining generates heat and phones aren't capable of dissipating it well.
sr. member
Activity: 980
Merit: 255
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
Not going to happen even the best smartphones are very underpowered compared to the best computer that money can buy, besides now you cannot mine bitcoin with a regular computer you need specialized hardware designed only to mine bitcoin and even with that hardware you still need a cheap source of electricity to be profitable at all, so I do not think your dreams of using your smartphone to mine bitcoin is going to become a reality in the near future.
sr. member
Activity: 317
Merit: 251
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
In my own point of view, phones nowadays are really like super computers that you can do whatever you want with just using your smartphones, but still smartphones are not suitable to used it for bitcoin mining because in mining there are certain performance and specs for you to mine and smartphones cannot handle it.
sr. member
Activity: 454
Merit: 251
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
It is true that smartphones are just like computers nowadays, that is why smartphones is really helpful in every lives like inside of school or at work. But i think it will be impossible that smartphones can be used in bitcoin mining because you need a strong or good performance for you to mine and it should be running 24/7, which smartphones cannot do such things. Maybe one day people will think of another way for you to able to mine using only your smartphones.
sr. member
Activity: 658
Merit: 250
It is ridiculous to even think about smartphones being used for Bitcoin mining. Your smartphone may get fried in one month's time and by then you may earn about $0.01 from the mining routine.
Its a vain effort if people want to find a way to mine with smartphone. It doesnt have any advantage against pc.
And also even with pc it will be a lot better if you maximize the perfomance for mining and dont use it for anything else.
So what about smartphone? is there a single thought that could be the reason to mine with it?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Quote from: batang_bitcoin
It won't happen.
Pal. You're a bit too late in the news, several companies have already tried it especially SAMSUNG. You can search it in the internet.
Or simply read this article

https://www.google.com.ph/amp/s/motherboard.vice.com/amp/en_us/article/3kvdv9/samsung-upcycling-galaxy-s5-bitcoin-mining-rig


And, have you read the results? That mining rig is doing 20 000 Khash, or 20 Mhash.
The S9 is reaching 14 Thash...about 600 000 times more than 40 Samsung phones.

And think of the power, your usual power bank with 10 000Mah would be able to deliver 12Wh, that's Wh, not kWH.
 Grin

That was just a publicity stunt, nothing more, the phones will never mine enough to pay even one charge.

 

full member
Activity: 293
Merit: 100
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?

I am open to the continuous improvement of technology but I believe that would be too much for a mobile phone to be capable of mining. It would be costly and you cannot maximize the other features of your phone because you are after with mining.
legendary
Activity: 2044
Merit: 1008
It is ridiculous to even think about smartphones being used for Bitcoin mining. Your smartphone may get fried in one month's time and by then you may earn about $0.01 from the mining routine.
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
Doubt it. If the smartphones will be regularly plugged in, then ot could. But won't the chips fry up?

Even low specs desktops are questionable as it requires a lot of memory to process. Smartphones also have pre installed apps that would also consume some of the RAM.

But it won't be long till a smartphone will be released in the market that could function as a mining device.
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