Topic: When will smartphones used for bitcoin mining? - page 6. (Read 4896 times)

I think, Bitcoin mining is very competitive and if we talk about cell phones, the CPU with processing power is limited to maybe 2-8 GHz which is a small percentage of the Bitcoin network. Even if you join several pools, your processing power can be ignored.

I've read a lot of bounty campaigns have been preoliferating the use of smart phones in casual conversations. I think all are in smartphones right now, downloadable apps, seemingly interested groups of bounties and how to get invested money medium-application.

very interesting if the smartphone is used for mining, but certainly requires very high specifications more than computers, after all the use of smartphones is not for mining

Mining crypto-coins with smartphones makes no economic sense. Why reduce the lifespan of your smartphone which may cost more than $1,000, in return for just $0.0001 worth of Bitcoins? If you are holding large amounts of coins such as Dash, NEO, Pivx or Stratis, then PoS mining can be attempted in the smartphones. But Bitcoin mining is an entirely different thing.

I think that's nearly impossible as bitcoin mining needs a great computing power and the smartphones with their limited storage and capacities can't be able to do this kind of thing.

Smartphones work like computers but have limited capabilities. They are made in such a way that they appear as snappy and mobile as possible, hence do not have the high RAMS, ROMS and memory sizes of an actual computer.
Bitcoin mining needs sophisticated machinery (ASICs)aside the normal computer in order to mine the coins.

smartphone hardware spesification is not strong enough for mining bitcoin.it only used to communication function.and also in my opinion mining is need supercomputer ,smartphone didnt have this feature.

The best thing to mine bitcoin is with personal computer with high spec, not with smartphone. Our smartphone designed for communication and i think its not suitable for mining bitcoin.

It is a fact that in order to mine bitcoin, you have to have a PC-rig or servers with the fastest processor, most RAM, and best video card there is. A hardware intensive task, if i may say. However it is possible now also to use smartphones to mine bitcoin but it will be too infuriating due to a very slow process. You will need the most recent, cutting-edge smartphone to be able to pull it off. You’ll also need standby energy supply to complete the process and the Android mining applications. But even so, you aren't going to mine a lot of bitcoins using all this.

In the future, better Smartphones will be invented and they might even have the same computing power as a decent computer GPU. On the other hand, at that time, there will be even more people involved in mining and for bitcoin mining to be profitable, you need to have a much more powerful mining rig than what's required of today. They both are moving at a pace that doesn't allow Smartphones to mine bitcoins and have decent earnings.

Quite unsure about that since websites where you can download movies make money from Advertisements and they are as clickbait-y as they can get. They will use FUD like that just to get people's attention and you will probably redirected in a website that tells you to download a software to 'keep you safe'. Please stop believing everything that you see on the net. Do your own research if you really want to know about that stuff.

And I doubt that there will be a demand for that. Who needs to mine bitcoins on a specialized phone anyway? There's no point in making your mining device portable and it will probably be extra expensive. Pretty much not feasible. It will be so expensive that people will just say that it's better to use a GPU to mine bitcoins and that they don't really need it. It will just be a waste of time and resource for the manufacturer. The only ones who will be buying this new tech are those that are going to make a review on Youtube and get paid much more than what they spent on the device. Other than that, a regular bitcoin Joe will not be buying it.

I don't know when that will happen. I think it's very difficult to mine bitcoin with a smartphone. Because the mining rig alone is very difficult and takes a long time. So what if done with a smartphone. I don't think that will happen. But we don't know what technology will be present in the future.

In my own opinion i feel that smartphones are already being used for bitcoin mining, there's a website which I go to download movies , and when I visit with my phone they say my extra computing power is being used for crypto mining while i surf the website.

I don't agree with you. Because Smartphone is no perfect for mining.

It`s not difficult, it`s impossible to mine bitcoins with phones. You can`t mine bitcoins with computers too, you need miners, serious miners with huge hash power to be able to make some profit. Mining with computer cpu will just make your computer to explode. All you can do with computers and smartphones is to register on some cloud mining site, or some faucet miner, which is not highly recommended, I just say what you can do.  Today, in order to be profitable with Bitcoin mining you need to invest heavily in equipment, cooling and storage. It’s not possible to mine profitably with a PC or a GPU at home. You can calculate your profitability using a Bitcoin mining calculator, you can find it easily with simple search.  If you don`t have power and you wish to mine you need to find some coin with low difficulty and mine that coin, they are mostly very cheap but so was bitcoin in the beginning, maybe they can worth a lot one day in the future.

I think it's difficult for make that happen. Because if you mine with smartphone how to cooled it? if the computer has a fan and water cooling. As far i know computer have better performance then laptop. And computer must have some componets to mining. If used smartphone, How much smartphone you will needed?

From what I know Bitcoin mining requires a lot when it comes to the computer that does it, so if we are talking of this much power on a mobile device or a smartphone, I can say that that is too much, but then again we know our technology now are making things possible so I think if there would be a demand for that, it will happen.

We already have a project that miners do mine the coin on their phone, you can goggle electroneum.

The technology is leading to the online games, the bigger rams and the great microprocessors in the future of android phones or will not be because of the mining applications but because of the games, far more greater and far more massive games. As a proof that this will not happen is the banning of Google to mining applications on the google store the same on Apple.

This is an idea that is sometimes proposed again, but it is something that tricks only the gullible:
A cell phone may have a good computing power, but using it for mining means destroying the battery and probably the hardware, and this for just a few pennies.

Unlikely.
I just can't imagine a cooler that will be able to lower the temperature of such a smartphone and an accumulator that would successfully withstand such a load on processor.
Anyway, technologies are developing exponentially, so we never know what new solutions will be discovered in yet a couple of years.