Andorid Altcoin Mining – Is It Possible?The smartphone is by far the world’s favorite piece of technology. It is estimated that there will be over 2 billion smartphones across the world by next year (ref: eMarketer). Over 80 percent of these smartphones run on Android operating system (data: IDC, 2015 Q2). Nowadays, smartphones are literally miniaturized computers, their processors pack anywhere between 1 GHz to 2.7 GHz processing power which is on par with a decent low-range/mid-range laptop currently in the market. Processing power of these devices come to use only while playing games or running few process intensive applications. But it can be put to use for other purposes as well. For example, altcoin mining.
Theoretically the processing power possessed by smartphones can be harnessed to mine cryptocurrencies. While mining bitcoin using the currently available smartphones is out of question, there are many altcoins that could be mined effectively on these handhelds. However, it may not be as effective as it would be if you use your PC instead of mobile phone for mining your coins. However, there are a few applications out there on the market that allows smartphone users to mine crypto coins on their handhelds.
Some of the mining applications available for Android platform are –
http://www.newsbtc.com/2015/11/29/can-we-mine-altcoins-using-android/
