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Topic: Why Mobile Mining exists at all? - page 2. (Read 401 times)

full member
Activity: 381
Merit: 101
November 25, 2019, 09:05:34 AM
#45
It just a waste of time for me to mined from mobile while the others can mined it through gpu cpu.  I already stop using etn mobile mining and it was really a waste of my resources only. Stop doing it or your phone will be suffered from the heat.
sr. member
Activity: 1484
Merit: 253
November 25, 2019, 07:33:43 AM
#44
Personally I think the main purpose of introducing mobile Mining is for adoption of the public, in other words creation of awareness for mobile phone users to see extra benefits of using their mobile devices

I don't think if it can give a benefit since the mining process it takes more time and it also drain the battery of your mobile phone. As far as I know, mining process need a consist power for about 24/7 and will able to support all the transaction. Also, mobile phone need recharge again to have its power, thus mobile mining is just a waste of time in which nowadays the market is so bearish.
member
Activity: 136
Merit: 12
November 25, 2019, 05:56:33 AM
#43
I think mobile mining is not real and if i remember correctly its not really mining thru your phone but they count the app usage and connection to the server and they just do an airdrop depends on time usage from your phone.

And if that's really mining then it can be easy to make money and battery consumption will surely lessen the life of the batt of your phone since you will need to open the app overnight.
If mobile mining, mobile would have to go the hectic tasks of mining so it is a not good for their battery life. Where did you find this information about mining and connection to the server thing?
member
Activity: 216
Merit: 10
Live, Hope, Win
November 25, 2019, 05:40:40 AM
#42
Personally I think the main purpose of introducing mobile Mining is for adoption of the public, in other words creation of awareness for mobile phone users to see extra benefits of using their mobile devices
sr. member
Activity: 700
Merit: 250
November 25, 2019, 05:07:58 AM
#41
With time mining on mobile phones will be possible, this is technology we are talking about here and its the fastest growing around the globe, its only a matter of time before we see new mining algorithm that will be perfect for mobile phones
We know many mobile algorithm is available in current market, But reality GPU mining is enough to make profit because mobile chip not supportable on mining platform and those are trying continuously it will blast at anytime. I hope 2025 it will possible on all the mobile phones so current situation is impossible to make profit on mobile mining.
sr. member
Activity: 1274
Merit: 264
#SWGT PRE-SALE IS LIVE
November 25, 2019, 04:36:18 AM
#40
I think mobile mining is not real and if i remember correctly its not really mining thru your phone but they count the app usage and connection to the server and they just do an airdrop depends on time usage from your phone.

And if that's really mining then it can be easy to make money and battery consumption will surely lessen the life of the batt of your phone since you will need to open the app overnight.
member
Activity: 490
Merit: 10
November 25, 2019, 04:29:22 AM
#39
With time mining on mobile phones will be possible, this is technology we are talking about here and its the fastest growing around the globe, its only a matter of time before we see new mining algorithm that will be perfect for mobile phones
sr. member
Activity: 535
Merit: 250
November 25, 2019, 04:24:31 AM
#38
Mining coins using a smartphone may be simple and sufficient just in the hand. But the problem is the durability of the smartphone used will decrease and make the smartphone damaged. Millions of smartphones are at stake only for 5-6 Electroneum coins, which only cost 100 sat. Very unprofitable. Smartphones are not as strong as PC devices that will last a long time if used for mining.
sr. member
Activity: 910
Merit: 252
November 25, 2019, 03:21:15 AM
#37
Electroneum team is active they are creating more things like payment gateway , Micro transaction even more but they couldnt able to succeed because ogf Bearish market . Also electroneum mining in mobile no more profitable and some times they will be having restriction to withdraw amount , Even its difficult to reach minimum withdrawal threshold i completely stoped using ETN from quite long time . I dont think mobile mining suitable for crypto currencies.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 25, 2019, 03:12:12 AM
#36
mobile mining can indeed provide a small electric power but you have to know the results of mobile mining also give very little results even to do maintenance is clearly more expensive and more high risk, because mobile should be used for communication not for mining, if mining is done using mobile can only get a little profit.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
November 25, 2019, 03:02:47 AM
#35
Mobile mining is not a very popular mining idea unlike using mining rigs and developers are still yet to find out a better technology that will make mobile mining possible but nothing is impossible, if any new project can make this works such project will rank up to top 5 on coinmarketcap for sure
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
November 25, 2019, 02:48:04 AM
#34
Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.

Agree with this opinion, although at this time the phone can be used for mining coins, I think it will not be profitable because in addition to the risk of damage to our gadgets, the coins we get are not many. Currently, there are many telephone companies that offer a variety of features, but you should still use the phone according to its function
member
Activity: 504
Merit: 16
November 25, 2019, 02:44:27 AM
#33
We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.
It seems you don't understand how electroneum mining works on phones, its not cpu intensive and you don't have to leave it running in your background, with or without internet connection the mining will keep working, it doesn't affect or drain your battery as well
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
November 25, 2019, 02:41:20 AM
#32
We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.
in fact it is their way to get more interest from the community. they targeted cellphones because almost anyone could access them easily. but as you said, the heavy-duty mining is never going to be effective for smartphones, no matter how sophisticated they are.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 25, 2019, 02:37:43 AM
#31
Still can't believe that people even think ETN mobile mining is a real mining. This kind of marketing language is why people are misunderstanding that this mobile mining is actually a faucet with really small rewards in disguise. It's basically the same as those Mobile game that pays in crypto both of them offer no real value and just wasting both your resources and your time.

With logic you can also know that even if mobile mining is a real thing it will just become yet another useless source of income because mobile's chipset is quite weak and not designed to endure the heat of intensive work.
member
Activity: 490
Merit: 19
November 25, 2019, 02:23:07 AM
#30
ETN is using cloudmining for their mobile so its really not like a real mining but i believe that in this techy world anything is possible, in future new techs can be detected or build to make mobile mining a possibility
member
Activity: 136
Merit: 12
November 25, 2019, 01:33:49 AM
#29
Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.
That is all. Some newbies would try to get some coins get out of mining as they want to grow with no new investment from their pocket.
sr. member
Activity: 1176
Merit: 301
November 24, 2019, 03:56:02 PM
#28
Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.
copper member
Activity: 322
Merit: 8
November 24, 2019, 03:53:35 PM
#27
For me any coin that can be mined with a mobile phone is a shitcoin, those mining this coin you mentioned probably have hopes that the price of the coin could go up in years to come, but if we are to be honest with ourselves, we know it would probably not happen.

Yes I know It was easier to mine bitcoins before, but that is the bitcoin, look at its use case, it was a super product from day one, it just needed time, but this altcoins today isn't any of that, and mining this coin or any of them is going to be a waste of time.

Well, there is some use case for mining ETN on your phone. At least you can use the coins to buy internet service packages or call credit in some countries. Also, it does not use up your phone's processor as it is basically like cloud mining.
hero member
Activity: 1106
Merit: 527
November 24, 2019, 03:15:07 PM
#26
Cheapest and lowest mining rocks are used to mine small coins and since the processor can support the mining process people started using mining via mobile phones.
Newbies whoever entering cryptocurrency market on mining field may choose this as their goal but not suites for all the people.
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