Web mining

[dk8218]

I have a WiFi with 50mbps speed...
So i was thinking if is there any web mining based on internet speed and can be done by an android phone...
Then tell me about it.. if something like this exists..

[mexxer-2]

If you mine bitcoins with your phone, think of it as slowly burning it over a fire. As for altcoins, POS is there but it doesn't require you to stress your phone.
Edit: Thinking of it as burning your phone gaining only 2-3 bucks is more like it

[gentlemand]

It's processors that mine, not internet speeds. There some altcoins that mingle their creation with phones. Stuff like this - https://bitcointalk.org/index.php?topic=902788.0

[Drewski]

Bitcoin mining requires processing power.  And your phone might be quad-core, but it doesn't stack up to an actual mining rig.  And mexxer is right, if you try, your phone just might light on fire by itself.  Continually running at max power is not good for phones.

[GermanGiant]

I have a WiFi with 50mbps speed...
So i was thinking if is there any web mining based on internet speed and can be done by an android phone...
Then tell me about it.. if something like this exists..

There is nothing called web mining. Try cloud mining.

[helloeverybody]

Yes I think what your looking for doesn't exist.  I think it's rental mining your thinking off. 

[dk8218]

https://minergate.com/web-miner
Check this out guys...
What is this naming web mining...
Isn't it based upon internet or not.. check out and tell me please...

[lite]

https://minergate.com/web-miner
Check this out guys...
What is this naming web mining...
Isn't it based upon internet or not.. check out and tell me please...

No the mining is not based on your internet bandwidth/speed. the website you have there is a mining pool.

[mocacinno]

https://minergate.com/web-miner
Check this out guys...
What is this naming web mining...
Isn't it based upon internet or not.. check out and tell me please...

No the mining is not based on your internet bandwidth/speed. the website you have there is a mining pool.

They do have some javascript code that does mine cryptonight algo coins... The code can be included onto a webpage, to trick your visitors into using their cpu and power to mine for you...
I strongly advice against it. You are basically burning your visitor's CPU's, and burning their electricity for a few measily cents... And i'm pretty sure it's illegal if you don't make a very big disclaimer.

[favdesu]

https://minergate.com/web-miner
Check this out guys...
What is this naming web mining...
Isn't it based upon internet or not.. check out and tell me please...

No the mining is not based on your internet bandwidth/speed. the website you have there is a mining pool.

They do have some javascript code that does mine cryptonight algo coins... The code can be included onto a webpage, to trick your visitors into using their cpu and power to mine for you...
I strongly advice against it. You are basically burning your visitor's CPU's, and burning their electricity for a few measily cents... And i'm pretty sure it's illegal if you don't make a very big disclaimer.

I'd say that's 100% illegal if you do this without consent. would strongly advice against it

[TastyChillySauce00]

as far as i know, mining can be done with hardware not by internet, because internet will not exist without hardware,if you just to afraid to use your rig for mining, why not try cloud mining?

[Loimu]

You cannot mine with your internet speed. That is funny thought.

You probably mean so called cloud miners. Internet speed has nothing to do with it. How it works is that this company owns physical miners which they rent as parts through internet. So to explain it simply; the company offering this buys physical miner for let's say $1500. They then sell one tenth of the power this miner gives to ten different people, $160 each. In total they get $1600 and you invested only $150 to get one tenth of the profits.

Of course it is usually more complicated than that, there is different prices and different rent times etc. Anyway you probably get the idea. There is no such thing as internet mining, you always need powerful hardware to do so. There is plenty of websites offering 'internet mining' but that simply means you buy/rent physical miner from them which you can then follow from your online account. Please remember that there is also huge amount of scamming cloud mining services which does not own any physical hardware for real. They are essentially selling air and numbers on the screen but when you want to take something out it gets tricky.

[Relex]

As far as I know that's impossible atm

[Snorek]

It is theoretically possible to mine with almost everything - there were project of Bitcoin mining light bulb or something like heater with integrated mining capabilities.
All you need for this is processing power. But you can't beat dedicated ASIC with it. Therefore your profit will be so low it is not worth the deal at all. Better forget about it.

[Amph]

your connection only matter if you want to instamine somealtcoin, for early block, otherwise you need power to mine, hashpower

webmining are usually cloudminign or renting mining, either of them require you to pay to have the hash to mine

mining with a phone wallet it's also useless, better to solve captcha with faucets