Bitcoin Forum

https://i.imgur.com/9uxsQPB_d.webp?maxwidth=640&shape=thumb&fidelity=medium
Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper :
Sorry I deleted it because someone is thinking that I advertise this coin the fact that I'm not.

Website
https://minepi.com/

_{This post is not advertise the said coin, this post is only for sharing thoughts about it.}

There are other currencies like Phoneum and Electroneum which can be mined through a smartphone! Electroneum is around for quite sometime now. So it's not a new concept to the market! Also Phoneum is based on a similar kind of concept like Pi.

However, if you truly believe that such currencies will overtake bitcoin or any other major cryptos in the process, you are living in a fool's paradise!

i think mining with your phone is not worth because your phone needs to online during the mining and it's can break your phone.

You say you're not advertising the coin, but it looks like that to me(by posting their whitepaper and website), if you just received a PM from someone unknown about a coin, it's definitely a shitcoin from a shit project, seeking more people to scam. I wouldn't bother reading their whitepaper or going to that website and I don't think anyone should, it would only be a waste of time.

Do not also get excited about the fact you can mine this coin through a phone, as they claim though, it could either be false or you can go ahead and mine as much as you want, it still has zero value, so what's the need. I Know you do not believe it'll overtake the bitcoin ;D

what advantages does it have to overtake bitcoin? Mining on a cell phone is not recommended and it will damage your cellphone a high level of risk if there is a virus and is a waste of your time ,it's better to ignore it and don't expect the shitcoin in the future ,there is no potential to overtake bitcoin like other altcoins that still under its capitalization from bitcoin

You said that mining make our phone slow. I think that is why mining need tools that specialized for mining. And use Phone or maybe our CPU to mine coin is bad idea because it can harm our device and in the long run it will damage our device. Maybe not suggested to people to mining with their device but it is all up to them. And like what avikz said, electroneum is coin that can mined by phone too, at least that is what i only know.

This is why you don't entertain random messages on social media  :D :D

That "overtake bitcoin" or some would say "bitcoin killer" is a dead marketing slogan. Those new projects who claims that they can do that will most likely die in the next two years or so.

Other than what's already mentioned as the pioneer in mobile mining, there's also this bitwings who claims to mine eth using mobile phone.

The marketing slogan is not dead yet because it can be used against the newbie, many projects allowed their community to mine their coin through the mobile phone. electroneum is one of them, compared to minepi. electroneum is profitable because has a real value unlike minepi.
bitwings is a different story, it is a project that allows you to mine using their mobile phone. it is not a digital currency.

That guy who tells you about PIcoin will surpass bitcoin is living on his dream. Im very familiar with this kind of coin because i had minted electroneum coin in the past and any coin like ETN just another crap coin without any usefulness. Mining use phone will not make your coin becomes slow but it will also burn your phone at the same time. Again, mining using the phone is not a great thing when it doesn't have any purpose at all.

I think so. If someone introduces you the coin via PM, you can't get any benefit from it. Phone mining has been available for a long time, it has not spread widely because it damages the phone a lot. You should move out from this idea, the earnings you provide will not be enough to repair the phone.

Or investigate Bitwings, they claim that 2 ETHs could be mine in a month with the phone they created. For more... (https://minephone.bitwings.org/?_ga=2.40441642.963664219.1574175909-881695416.1574175909)

I remember Electroneum was the first to claim that. Though I also have pi along with electroneum in my phone. Tau also seems to have a mobile mining app, a real one, but it drains the battery very quick. Phoneum also had a tester app, don't know if they are out of bet yet.

Electroneum is the first digital currency that can mine on phone only... although in technicality you can mine bitcoins, ether and other cryptocurrency on your phone the problem is the hashrate of the network which is very high in some currencies so, mining in phone is nearly impossible since the gpu and cpu cores aren't strong as on those in computer itself.

There seem to be no details of it where you can trade it. It would be pointless to mine it if there is no market for it. Building a community for the project is a lot harder if there is no market and no real use for this coin.  Mining through phones is good if its really possible. Getting people to be involve and use it is a big problem not just to coins like this one.

But how do you get an invitation?  You see we even need an invitation to download the app.

It's not.

However, some of the coins offering us mining their coins with your phone. If you want to know, you not really mining you only just got a share hash rate virtual from them also some a few apps using this method to mining other coins with coin miners. It's means, you got a hash rate virtual from them and your reward its a shitcoin, but they will have a real hash rate mining other coins who have a high value. I better working as a captcha typer instance using my phone device for mining like this.

Did you believe that noob guy? Whoever claimed that it will surpass bitcoin they all died badly. I have no interest in mine these shit altcoins who has no popularity but yet they want to beat Bitcoin or even compare.


How can you say mine using phone is great? Did someone earn huge money by mining from a smartphone? Yes, there is a possibility as this is a very easy process so anyone can do it., If a proper smartphone-based mining coins come, everyone will support them.

I am popular with Electroneum that may be mined with the smartphone. But First I tried to mine Raiblock [Todays NANO] via my smartphone. Maybe it is not called mine actually. when launched the Raiblock [NANO] there was a system that people can earn the coin by data entry/ completing captchas. Even on that moment, I am not familiar with this forum. So that was my first coin earning with Mobile.

Firstly your average mobile phone weren't meant for mining so I don't buy into the idea as it'll be putting your smartphone at the risk of battery life short span. If smartphone companies interested in cryptocurrency (like HTC, Samsung etc) were to invest into manufacturing smartphones that could be use for this purpose without endangering the lifespan of the phone then i won't have a problem. Thirdly be extremely cautious of any project adverting themselves as the next bitcoin via price gain as that's a common marketing strategy employed by scammers to create FOMO among greedy cryptocurrency enthusiast to steal their funds.

Conclusion; there's nothing that special about this project, nothing new like others have stated. We have seen different projects come out with exact idea and most of them aren't progressing per se, this won't be any different.

I've never heard of that coin before. But I think mining on a phone is not a good choice, it seems half-hearted. If you want mining why not focus on assembling RIG or buying antminers as well. Honestly, in my opinion it's really not worth it and will only create a burden on your phone.

I can hardly imagine that such coins will ever get successful. Mining on your phone is a very interesting concept, but has nothing to do with revolution or bringing crypto on another level. A cool idea, nothing more.

The best mining phone i can think of right now is wings mobile wx which can mine up to 2 eth per month, too good to be true? i guess not, many failed to do thorough research on how this might be possible, i think bitwings team find the answer, Neobit which is as good as bitmain that build bitcoin asic miners today, neobit find way to make this possible using POD (Proof of Data) instead of POW

Electronuem and phoneum are the first kind i see but they work like cloud mining and i think that is the best they can do because no mobile phone can handle the heat of mining like mining rigs do, they will die instantly

It's not the first phone coin at all. Electroneum is 2 years old now.

IMO it's not worth at all - to mine. I prefer to keep my phone 'clean'. And the phone's price is close to a mid-level desktop miner (P30 Pro). Maybe will worth just to buy some small amount, in case it becomes at least successful as Electroneum.

The claim of being the first digital currency to be mined on a phone is false.  There are other projects like ETN,  Phone I'm and even UPlexa which are phone mine able.

Since that is the headlining feature of your digital currency,  what real value does your project have to offer? 

I have seen and read about some coins that can be mined with phones, but the question is how has the proof of concept of these project gone, how secured are their networks. I don't believe these coins have any chance of success unless it is just for research purpose.

Just because it can be mined via phone it will surpass Bitcoin? ;D it doesn't work that way because if a new coin like to overtake Bitcoin then it must be fully decentralized with a real use-case and huge demand though it will not likely to happen since the Bitcoin community is so large that they will not let that thing to happen.

Cool! That is a dream - to mine on the phone. I know the currency which created to mining with phone - that is Bitwings project.

By this statement, it's already obvious that you should avoid this kind of coin. People never learn that no coin has been seen to surpass bitcoin.

Thanks for all of your response guys, mining on mobile phones are not the best way to earn. It will only give damage to our unit

It seems to me that this makes no sense at all. There are a lot of mining stationary equipment. Is it really no enough ?!I heard for the project you are talking about,but are you sure that with the help of the technology they offer, it will really be possible to earn ethereum?I think it's bullshit to be honest.

You're right and i believe the OP dont understand that how a crypto project flourish in the market are not measured by fast tx, ease of mining etc but through the level of confidence the community have towards a certain project.
Meanwhile, Tron, XRP etc offer unique tx fee and time than bitcoin but the crypto community still prefer bitcoin above them.

While I'd love to make money while my phone's not being used or something of that type, I usually go for a few hours daily without access to a charging port for my phone, and mining would probably kill my phone's battery percentage, and it's also critical that my phone always has adequate power, so a currency mineable on my phone isn't really something I'm interested in.

You're also very unlikely to make any significant amount of money from mining with a phone simply because there's so many mobile devices out there nowadays that are also likewise capable of mining, which lowers profitability if there is any at all. Mobile mining is mostly just a gimmick to get people to use a coin at the moment, and it's certainly true a coin might start rising in price purely from hype from mobile mining, though it's really not anything new or practical.

Mobile phones aren't yet powerful enough for effective Proof-of-Work (POW) mining, but Proof-of-Stake (POS) assets can be mined on a mobile device because they require much less processing power than the former to generate rewards for holders

You can mine Phoneum,Electroneum and TAU coin also from your phone, I have also joined PI project and mined 4000 coins but I don't think this will be more wort coin.

mining on mobile is not recommended, it can make your mobile damaged, I have tried for the first time mining electroneum, PI as well. But it all does not last long because the cell phone will quickly heat up, making lag when doing multitasking activities. Though it was all done with mobile phones with high specs, but basically cellphones are not intended for mining but will not be maximized and cause more harm to the cellphone itself. I think not to try mining with mobile phones, mining with rules and using tools as recommended.

Nowadays mining in a computer alone does not yield the maximum profit that there is wasting our electricity is too big and not strong to pay.
Especially in mobile phones that have to communicate but used for mining, I think impossible. Although it can not give profit equivalent to mining using VGA computer.

This is not the first mining done on mobile, but it will end the same as other shitcoin.
my advice do not ever do mining on your phone, altcoin is worthless it can even cause your cell phone is damaged.
all altcoins that are mined with mobile phones must be avoided.

I am not interested in mining coins using my own phone because besides only slowing down the performance of my cellphone, in my opinion it will make the life of the cellphone shorter. If you want to mine coins, in my opinion it is better to use proper equipment so that the results we get are more and maximum

I don't think this is the first thing crypto does for phone mining. There are so many projects like this. Electroneum already did it in 2017. I remember there was a project called Mangocoin, where you could mining the coins through a shake-up phone. But it was already dead. When viewed from the web and the explanation of MinePi, I'm not too interested because it's like fake promises lol. But I could be wrong. Goodluck!

Adding coins with a smartphone is not new news anymore, there are some developers who develop it like Electroneum which allows our smartphones to mine Electroneum coins. But the disadvantage is that it will make the smartphone get hot quickly, the battery will often run out and burden the smartphone. Mining using only 1 smartphone is very less in my opinion, there must be several smartphones, more is better. But I prefer to mine using a VGA Card that is more durable and stronger power.

Actually this is not the first, i have know other few coins that you can mine using your smartphones e.g electroneum but all the same this is not a real mining but cloud mining that doesn't rely on the power of the phone cpu, i don't recommend such coins because cloud mining on phones doesn't make them better

And you believed them saying that it will overtake bitcoin price? Even if it does I'm concern how much volume it might have later.
There was some coin called Electroneum, it was really popular back in the days when it's just released. Especially the mining system using your phone.
But the popularity dropped as time passed. As you know, mining on phone consumed quite a lot of your phone system, that makes your phone very slow-response, overheat etc.

How do you say that I believe on that coin? On that statement?
I just posted what hype advertisement their using to lure investor in

Who dm you? Have you check their credentials? Are they even legit? Those claims greater than bitcoin, killer and other lines that says that would surpass bitcoin are like rusted plate meaning too old. And in addition, bitcoin has already many enemies from pc platforms, mobiles and other things but in the past 10 years no one even stand out.

I don't look into the project you mentioned because I found its just the shit since he mentioned the price of that shit will surpass bitcoin soon. :P

Anyway cryptos can be mined with cpu but the value of mined coins will be 1000 times less than the electricity fee to charge mobile and also continuous use of a smartphone will leads to brick so don't do it.

All my family are now part of Minerpi network we are one of the pioneers of this Minerpi network and no one among my family is complaining that their phones are slowing down because of this software, there are already over 1 million on Minerpi network and the rewards or tokens that one can mine are deducting each time they reach a new membership milestone, but I guess it will take time before they develop the marketplace or get this in exchange, distribution is not yet starting.

Okay it's my fault I  SHOULDN'T post whitepaper here. Just for you to conveniently read the whole information and share your thoughts about it. I deleting the whitepaper anyways.

Don't believe an unknown link by an unknown guy, it can be phishing! Someone gave you thins link and you think this is good to post in Btalk forum and help them to get some view? Though you wrote you are not promoting this but yet you are not being honest here. This project looks duck, 200$ worth the website and content, no brief about how they will able to mine on the phone, no partner, no blog news, no events just nothing in this project, a shit project is better than this!

I dont know why people interested on mining on phones which likely not designed to produce good amount of coins and profits. Mobile phones capacity isn't much applicable compared to PC. Yes there is electroneum and phoneum and others that has launched but for me this kind of project isnt useful.  Id rather mine main coin such as btc or eth on a PC with powerful rigs. My phone will be safe from overheat and deffect.

Etn is still a very good project and many investors are still holding their bags, you don't understand a thing about etn mining on mobile phone, etn mining is just cloud mining so its not using phone cpu and gpu

Electroneum started the mobile mining model sometime in 2018 and I am not even certain that they were even the first to do it but I don't remember any other platform that did the same thing, go to Coinmarketcap and see where Electroneum is right now, infact let me give you a hint.. presently trading at $0.003 per coin and that's after raising a whooping $40,000,000 in October 2017 when every coin was giving up to x20 ROI after their ICO, still yet to see the lambo come out of it.