Author

Topic: Why Mobile Mining exists at all? (Read 441 times)

full member
Activity: 952
Merit: 110
November 28, 2019, 02:45:17 AM
#65
And no one is thinking the same way i am, what if new algorithm is created for mobile phones to actually makes mining works on phone? we have POW which is impossible for mobile phone for now and we have POS which doesn't requires any hardware to work, think about the future because every day things get more advanced
sr. member
Activity: 1148
Merit: 432
November 28, 2019, 02:43:25 AM
#64
Even though the phone shouldn't be used for coin mining, many people do it because it might be a good phone. I prefer not to use my phone for mining coins because it can risk damage while the results obtained are not many
I rather think that the results obtained are not in accordance with the things done. good mining requires sophisticated tools so that it can work to its full potential, and to use my own mobile phone think again to do it
member
Activity: 798
Merit: 10
November 28, 2019, 02:34:32 AM
#63
Even though the phone shouldn't be used for coin mining, many people do it because it might be a good phone. I prefer not to use my phone for mining coins because it can risk damage while the results obtained are not many
member
Activity: 653
Merit: 10
November 28, 2019, 02:12:19 AM
#62
Mobile mining keep exist because easy and many people can start earn bitcoin by mining, almost people have mobile phone but they will be difficult if if have to buy mining tools because price very expensive, how ever mining bitcoin by using mobile phone is hard and keep patience waiting with long term because just little earning get from mining with mobile phone.
full member
Activity: 630
Merit: 100
November 28, 2019, 02:06:51 AM
#61
Some projects are actually offering mobile mining just to attract more investors. As for me, there haven't been any altcoins mined using mobile phones with good value. It's just a waste of time and will only consume your battery. I just wish that there would be great coins who would allow profitable mobile mining in the future.
Until now i dont think to see project that has a real good coin value that used mining trough mobile phone which i think a waste of time and by dead we kill our phone for a dime useless token. They should create something that more effective way to offer mining from mobile phone without killing our phone.
sr. member
Activity: 1596
Merit: 335
November 28, 2019, 01:53:18 AM
#60
Some projects are actually offering mobile mining just to attract more investors. As for me, there haven't been any altcoins mined using mobile phones with good value. It's just a waste of time and will only consume your battery. I just wish that there would be great coins who would allow profitable mobile mining in the future.
sr. member
Activity: 2002
Merit: 250
November 28, 2019, 01:47:28 AM
#59
The companies do it basically for the hype, as a mobile miner, you wouldn't be making anything worthwhile from the coin mining but you know these decisions is ultimately the miner's decision, they keep doing it even though the risk to their devices is clear and if they decide to continue fully knowing this, I don't bother convincing them otherwise. Anyways the mobile mining isn't as taxing as normal Cryptocurrencies mining but the fact remains that it is almost useless.
very inefficient if you mine on the mobile, it will waste RAM and the performance of your mobile device,
including your time which will be wasted, indeed if you can mine on the mobile will feel more enjoy it, but the rewards that are definitely very little
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
November 28, 2019, 01:44:40 AM
#58
The companies do it basically for the hype, as a mobile miner, you wouldn't be making anything worthwhile from the coin mining but you know these decisions is ultimately the miner's decision, they keep doing it even though the risk to their devices is clear and if they decide to continue fully knowing this, I don't bother convincing them otherwise. Anyways the mobile mining isn't as taxing as normal Cryptocurrencies mining but the fact remains that it is almost useless.
copper member
Activity: 812
Merit: 6
November 25, 2019, 01:15:47 PM
#57
Nowadays not all people can buy theirselves a PC or Mining farm, but most of people in the world has a smartphones, so it is much more better actually and easier to start mine from the smartphone, every smartphone can be a node, it can increase decentralization and transaction speed, something like that making function x right now with their own smartphones.
sr. member
Activity: 498
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
November 25, 2019, 12:47:25 PM
#56
Why Mobile Mining exists at all?
Even if it is calculated based on profit this is not very comparable or feasible. But for beginners, mobile mining looks very interesting, because they don't need big capital to start mining crypto. Perhaps for this reason there are now many platforms that develop mobile mining projects.
sr. member
Activity: 1610
Merit: 264
November 25, 2019, 12:30:55 PM
#55
For those of you who still don't know Electroneum's "mobile mining" in it's app is not an actual mining process but just a simulation of it. The app doesn't actually use your hardware and the hashrate you see is just what they predict you will have based on your device's hardware. They already announced it in their website that they are just giving 3$ worth of ETN for their app and they intend to change the term to “cloud mining” which just justifies what they are doing which is really fake mining for its users. But even if your phone's hardware isn't used do you really think 3$ worth of ETN is enough for you to keep your phone running everyday just to earn it? Your phone still gets damaged just by charging it to keep the app going now I'm no math genius but 3$ isn't going to cover the cost of your phone's electricity cost.

I never imagined using my phone anyway in mining. I can play some "almost" AAA games in mobile, but I wouldn't use that capability of my phone to even get into mining.
My phone's around 3k - 5k mAH, I can't quite remember the exact number but I can say that it isn't full of juices that can even handle these kind of stressful task to hardware within 24 hours.
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
November 25, 2019, 12:25:41 PM
#54
I think it's a new way for developers to attract people about cryptocurrency since a large portion of world's population owned a Smartphone. I have never tried mining through mobile phone but upon reading a lot of feedback, it seems that its not profitable and will only cause you to damage your own phone because of the mining difficulties and reward you could possibly get each day.
sr. member
Activity: 1638
Merit: 261
November 25, 2019, 12:04:11 PM
#53
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.

Mining itself is not an easy task because I have tried mining with GPU but incurred unexpected loss and it's not suggestible for anyone to do mining at backyard or home because it creates lot of heat and you end up paying more electricity bill than the earnings, I have tried mining with mobile once but stopped it immediately because it will just make your mobile lag so much.
hero member
Activity: 3080
Merit: 603
November 25, 2019, 11:52:58 AM
#52
I think it's just a virtual mining as per what I've read before. There are people that are serious with it and invested heavily to mobile phones just to continually mine electroneums though, I don't know how they are doing right now. You're right and they are telling people that mobile mining is a benefit because it's just part of their marketing. But if a person finds it effective for them, spare them as long as they are okay with what they do and they've been reminded about the consequences of it.
legendary
Activity: 3346
Merit: 1203
November 25, 2019, 11:38:43 AM
#51
I've always wondered the same thing because I don't see the point of a coin that can be mined with Mobiles as this proves for me that people ran out of ideas before ICO's and tried to invent new mining methods...what is next ? mining with consoles ? Besides this I went once to fix my phone on a mobile service and guess what, the guy was mining with phones that were supposed to be on selling , I mean who ever bought phones from there , was already used in a bad way and I'm sure this happens world wide on every mobile service.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
November 25, 2019, 10:25:37 AM
#50
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?
You are wrong mate.Only you have to extend mining every 24 hours.So electricity bill,net bill etc is not a problem.I tried to to mine ELECTRONEUM.But after few days they suspended my account without any reason.Tried to contact support but no answer from them.Also I think better to avoid this mining because you can earn few sat.Maybe better to work in real life and buy etn.It will best choice.You can't earn 10$ end of the month.
sr. member
Activity: 1330
Merit: 289
November 25, 2019, 08:24:31 AM
#49
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.
Your point of view is very unique I must say, for ETN in particular which you mentioned, initially the rewards for mining on mobile was considerate even though it drains battery. Nowadays the mining dividends for ETN is crappie, considering your point of view (wear and tear of the mobile device for penny). However, I think more advancement on this ideology can be done and not just forgetting about the idea entirely. Maybe special devices for mining can be produced, I've seen a project with this strategy but not sure if the product actually works.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
November 25, 2019, 08:20:32 AM
#48
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.

Not all mining is PoW. There's PoS too. And btw, some call their coin distribution mining, no matter what.
There was raiblocks where one had to fill captchas for "mining". Electroneum is a "mining simulator".
There can be faucets and faucet rotators, people get money from faucets and think they are mining.
I guess that everybody want to get some cents from banners, from referrals and so on.

Most of the things called "mobile mining" are not related at all with traditional and normal PoW mining. Of course, I expect that many are pure scam.

And since OP initial question is confusing on all this, he gets answers that will confuse everybody even more.
full member
Activity: 1750
Merit: 118
November 25, 2019, 08:18:33 AM
#47
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.
maybe all these problems exist because mobile mining is not yet sufficiently developed. I’m sure that in the future phones with built-in mining will be more convenient to use and it will be more popular

developed by what ? by the dev's of the mining app or you mean by phone ?  i dont think that those mining app lacking on something but i believe the problem is on your phone . thesedays we now have smartphones with bigger battery and bigger ram . i think these type of phone can handle mining app properly  but it would be more better if your suggestion of mining optimized phone will become succesfull in the future  because i think thier harwdware and specs are more chunkier  compare to casual phones  .
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
November 25, 2019, 08:12:29 AM
#46
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.
maybe all these problems exist because mobile mining is not yet sufficiently developed. I’m sure that in the future phones with built-in mining will be more convenient to use and it will be more popular
full member
Activity: 381
Merit: 101
November 25, 2019, 08:05:34 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, 06:33:43 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, 04:56:33 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, 04:40:40 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, 04:07:58 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: 1372
Merit: 264
November 25, 2019, 03:36:18 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, 03:29:22 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: 534
Merit: 250
November 25, 2019, 03:24:31 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, 02:21:15 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: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 25, 2019, 02:12:12 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, 02:02:47 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, 01:48:04 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, 01:44:27 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
November 25, 2019, 01:41:20 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, 01:37:43 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, 01:23:07 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, 12:33:49 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, 02:56:02 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, 02:53:35 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, 02:15:07 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.
sr. member
Activity: 630
Merit: 265
November 24, 2019, 02:07:07 PM
#25
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 my own personal opinion, mining phone exists because not everyone affords buying their own equipment that could be used in mining, that is why mining phone is only suitable for low budget people because it could still help them to earn even a small amount of profit. But mining phone is really not that profitable because it takes a long time for you to earn good money that it cannot make you rich.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
November 24, 2019, 02:00:08 PM
#24
Not a fan of mobile mining per se so I don't buy into the idea of any project adverting themselves as a mobile mining project. The thought of it alone is discouraging since I don't like over stressing my device especially when it has to do with things such device weren't built for. Commented on similar thread sometime back and just as I said then, supposedly the mobile manufacturing companies that have interest in cryptocurrency decides to work on producing a smartphone that can restand the workload of mobile mining then I might just pick interest in the concept.

The popular project I have encountered selling themselves as been associated with mobile mining aren't actually what they claim to be. The like of phoneum and electroneum aren't been mined on mobile per se.
copper member
Activity: 714
Merit: 5
November 24, 2019, 01:50:07 PM
#23
I never mine coins on my phone, the first is that it's not secure, I don't want to have my information stolen. And the coins that are dug on the phone are almost worthless, and the coins mined by smartphones are also not the trend
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 24, 2019, 01:37:23 PM
#22
Mobile mining is becoming more and more popular, if only because mobile devices are becoming more and more powerful every year.  Some of them already have powers equal to old personal computers.  With the development of technology in the future, mining on mobile devices will become commonplace.
hero member
Activity: 966
Merit: 535
November 24, 2019, 01:26:47 PM
#21
I am so fucking sick of spammers talking shit all over the forum. Fuck you I hope they ban you from your signature.

If you took 5 seconds to do your research you will learn that elecetruem doesn't even mine it emulates mining. If you want real mininng then mine mib coin and plexu coins. This is real mining.
You are meant to mine with extra phones you otherwise do not use not your main phone. The amounbt of electricity it will use is nothing and you will profit. Cents every day = dollars every month so you do your own maths (which I see some people here are clearly not able to)

Mining via mobile will only damage the device and it's not worth it with the results i got after trying it a few months ago trying to mine. I don't recommend it and you will only get a few cents in 24 hours

Nice spam there buddy. Reported!!

How much would you like to mine with a phone? You are clueless. A phone uses almost no electricity and you can get cents each day. cents each day = $$ each month. If you have a few extra phones that means you could be making an extra $10-$30 a day just leaving your old phones on. Why would anyone fie a shit what you recommend anyway?

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.

Mobile mining exists to give people hope that they can also mine cryptocurrency! In reality, it's of no use! I have also tried to mine Electroneum and I was able to get only 2 coins after 24 hours of continuous mining. So I dropped the idea because I wasn't earning anything! Now a new idea has emerged in the market called "cloud mobile mining" and a crypto called Phoneum is leading the market! Again, it's a complete failure because the value of the coin is way too much less! We just end up burning the mobile battery and processor! Companies are showing it as a benefit because they just want to show ads to maximum number of people possible and earn some good amount of money!



You talking crap because phoneum doesn't mine all it does it check that you have opened the app once a week. Please don't spread misinformation thank you. Also as far as I know it has no value yet as it is not listed.

For those of you who still don't know Electroneum's "mobile mining" in it's app is not an actual mining process but just a simulation of it. The app doesn't actually use your hardware and the hashrate you see is just what they predict you will have based on your device's hardware. They already announced it in their website that they are just giving 3$ worth of ETN for their app and they intend to change the term to “cloud mining” which just justifies what they are doing which is really fake mining for its users. But even if your phone's hardware isn't used do you really think 3$ worth of ETN is enough for you to keep your phone running every day just to earn it? Your phone still gets damaged just by charging it to keep the app going now I'm no math genius but 3$ isn't going to cover the cost of your phone's electricity cost.

I was enjoying and argeeing with what you read until you started talking nonsense.

"3$ isn't going to cover the cost of your phone's electricity cost." lol hilarious *face palm and dies*

Here is some maths.

A phone charger uses 3-6 watts / hour. Let us say 5 watts it is easy to work with. 5x24=120watt 120watt = less than one cent and you are making 10 cents a day. Btw who said you were going to charge your phone for 24hours?? you will only charge it for about 2 hours and it lasts a day. Does your phone need to be charging all the time to use right now? NO!!! You even said yourself it is not real mining so it will not use much electricity to keep running. So actually it will cost less than 120watts a day. maybe 40 watts. 40x30=1.2kw and 1.2kw costs about $0.06-0.12 depending on where you live so you say $3 a month so tell me how it isn't worth it?
This is why you are not making money dude. You pass up opportunity all the time. Your phone i already going to be on anyway so why not run an app that might use like 1% extra power -_-

mining on mobile only leads to their destruction, they have too little computing power, electroneum only simulates the mining instead of pi network and uplexa really mine but consume and destroy the phone battery

Pi doesn't mine dude.... LOL very informative post.
full member
Activity: 938
Merit: 159
November 24, 2019, 01:21:53 PM
#20
mining on mobile only leads to their destruction, they have too little computing power, electroneum only simulates the mining instead of pi network and uplexa really mine but consume and destroy the phone battery
sr. member
Activity: 1190
Merit: 257
November 24, 2019, 12:26:02 PM
#19
Mining via mobile will only damage the device and it's not worth it with the results i got after trying it a few months ago trying to mine. I don't recommend it and you will only get a few cents in 24 hours
legendary
Activity: 3080
Merit: 1500
November 24, 2019, 12:23:32 PM
#18
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.

Mobile mining exists to give people hope that they can also mine cryptocurrency! In reality, it's of no use! I have also tried to mine Electroneum and I was able to get only 2 coins after 24 hours of continuous mining. So I dropped the idea because I wasn't earning anything! Now a new idea has emerged in the market called "cloud mobile mining" and a crypto called Phoneum is leading the market! Again, it's a complete failure because the value of the coin is way too much less! We just end up burning the mobile battery and processor! Companies are showing it as a benefit because they just want to show ads to maximum number of people possible and earn some good amount of money!

hero member
Activity: 1680
Merit: 655
November 24, 2019, 12:22:02 PM
#17
For those of you who still don't know Electroneum's "mobile mining" in it's app is not an actual mining process but just a simulation of it. The app doesn't actually use your hardware and the hashrate you see is just what they predict you will have based on your device's hardware. They already announced it in their website that they are just giving 3$ worth of ETN for their app and they intend to change the term to “cloud mining” which just justifies what they are doing which is really fake mining for its users. But even if your phone's hardware isn't used do you really think 3$ worth of ETN is enough for you to keep your phone running everyday just to earn it? Your phone still gets damaged just by charging it to keep the app going now I'm no math genius but 3$ isn't going to cover the cost of your phone's electricity cost.
full member
Activity: 1498
Merit: 146
November 24, 2019, 12:16:28 PM
#16
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.
CPU power on a smart phone is pretty powerful now a days but which is not designed to mine coins because continuous usage will damage any smarthphones if its working on its full potential.If anyone attracted by mobile mining have no knowledge about mining but they want to make some money so projects targetting them by giving fake promises and profits.
sr. member
Activity: 826
Merit: 252
November 24, 2019, 12:06:25 PM
#15
Company/ developer will take any chance to keep their project goes straight, even look's funny but they will. Customers will take any opportunity to create income, even look's bad they will do it. I'm not try to laugh but that's the fact and somehow even we know but still do stupid thing. So far I'll give salute into company/ customers that use their low speck device, minimum fund and no knowledge to keep try whatever they get. So let's become smart people, if you know better please let us know.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
November 24, 2019, 12:01:30 PM
#14
This is not the future of mining, just an interesting addition, nothing more. Mining with cellphone can be fun, but you are earning peanuts, moreover, those coins do not have value at all, just look at their prices on CMC.
copper member
Activity: 53
Merit: 0
November 24, 2019, 11:57:00 AM
#13
Mining with mobile phone is a bad idea. Specially when the risk is greater than the possible outcome. On the other hand when a company let go their coin that easily that means that those coins are really valueless.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
November 24, 2019, 11:37:58 AM
#12
I am a fan of mobile mining simply because of the viability issue and i have not heard about the coin to make a comment and i am not sure about the viability of the coin but that been said you cannot use mobile to use your resources all the time and mining is meant to use your full resources and it will bring more damage to the hardware than the profit you can make.
Do you really think that can make you profitable? I don't think so, because it's just a waste of time and burdening your mobile device. Imagine if you had to work really hard just to get $0.01 a day for 24 hours. That's very bad right? Not a profit you can get, instead it can result in losses that can damage the hardware components of your phone because it will get very hot during the day nonstop while you are mining.
hero member
Activity: 1426
Merit: 506
November 24, 2019, 11:25:59 AM
#11
I am a fan of mobile mining simply because of the viability issue and i have not heard about the coin to make a comment and i am not sure about the viability of the coin but that been said you cannot use mobile to use your resources all the time and mining is meant to use your full resources and it will bring more damage to the hardware than the profit you can make.
sr. member
Activity: 1918
Merit: 268
Vave.com - Crypto Casino
November 24, 2019, 11:22:22 AM
#10
Although the price of a cheap smartphone can be used to mine ETN, I think it will be a waste of time, I don't see any long-term benefits on ETN, but why do many people who do that risk their smartphone being damaged only getting a few ETNs that may not necessarily replace your smartphone , this seems unfair in my opinion, I better use mining with my computer CPU
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
November 24, 2019, 11:16:34 AM
#9
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.

Trying to mine a crypto from mobile is a suicidal act for the hardware.
Electroneum on the other hand is not mining through mobile. It's just a mining simulator. It's an Electroneum faucet that gives you the sense of mining from mobile. It's not a resource heavy app. Pi is a similar app that uses virtual mining to give you rewards in their tokens.
Funny if you consider how much Electroneum tries to make it look like they are the coin for mobile mining.

In my experience, another issue is algo security. You can't claim that an algo can be mined only with mobile CPUs and be 100% sure about it, or that it'll never be abused or cracked, unless it's some closed source disaster of course.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
November 24, 2019, 11:10:46 AM
#8
5 Electroneum per day is about 24hours of mining Electroneum with a mobile phone. I wonder what mobile phone will survive such intensive task on the phone processor.
 Well, if an Electroneum miner keeps his mined coin long-term, they could be worth something in the future.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
November 24, 2019, 10:30:16 AM
#7
They exist because the developer think also the very affordable in many users worldwide then this mobile mining is to promote their own alts/tokens and for me this is really good to do but still it depends in the potentials of the alts/tokens like they will grow by that,Moreover if you know honey miner then this is the best mobile mining in the past like this have big impact in the price of their alts when they use this

There are rarely any app of a legit coin that actually mines in the mobile. Tau mining app seems to heat my phone and could be on of the exception.
Every other popular mining app like Electroneum, Pi and Phonium are just the simulation. They don't really mine with user hardware.
Electroneum is a cryptonight coin and they use the premined coin dedicated to be distributed to reward a small amount to users for keeping their app active. The app does not mine any coins.
full member
Activity: 265
Merit: 102
November 24, 2019, 10:25:58 AM
#7
They exist because the developer think also the very affordable in many users worldwide then this mobile mining is to promote their own alts/tokens and for me this is really good to do but still it depends in the potentials of the alts/tokens like they will grow by that,Moreover if you know honey miner then this is the best mobile mining in the past like this have big impact in the price of their alts when they use this

so this is only a way of promoting that's all like this is exist like that so no need to think negative or bad about this mobile phone mining
jr. member
Activity: 129
Merit: 1
November 24, 2019, 10:22:45 AM
#6
Some humsters are really believe what they can mine something on their phone. Thats simple
sr. member
Activity: 1274
Merit: 263
November 24, 2019, 10:19:18 AM
#5
A mobile phone might be broken if we are using it to mine coin excessively(running the cpu 100% or something like that), but in this case(electroneum) they do not need to use all of the cpu which is fine for the phone(for some time). why they advertise it?
it is because mining using a mining hardware cost us more and it needs a lot of electricity which is not sustainable for the future, by using the mobile phone we do not need that much money, resources to mine it.
member
Activity: 224
Merit: 71
November 24, 2019, 10:12:12 AM
#4
The mobile phone is not made for mining is already hard mine with a CPU even some GPU have become obsolete so with the mobile phone is very hard
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
November 24, 2019, 09:46:33 AM
#3
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.

Trying to mine a crypto from mobile is a suicidal act for the hardware.
Electroneum on the other hand is not mining through mobile. It's just a mining simulator. It's an Electroneum faucet that gives you the sense of mining from mobile. It's not a resource heavy app. Pi is a similar app that uses virtual mining to give you rewards in their tokens.
legendary
Activity: 2184
Merit: 1302
November 24, 2019, 09:19:55 AM
#2
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.
member
Activity: 136
Merit: 12
November 24, 2019, 09:12:16 AM
#1
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.
Jump to: