Mining with mobile device

[Harlot]

I don't think that it is wise to do so. Buying a 500$ smart phone just for mining is not a good choice compared to buying a 400-500$ RX580 or GTX 1070, with this graphics card you will have more earning compared to what your smart phone can mine as its processing is not as strong and powerfule compared to a dedicated graphics card. If you really want to get serious with mining you need to invest in hardware.

[Welsh]

Mobile devices are just not meant for cryptocurrency mining. It would take years and years for you to even call what you mined a profit, assuming that your phone won't break, though it sure will within days. No one knows if mining electroneum will be profitable yet even though the developers claim it as it is not live yet, maybe you want to try.

You probably would never turn a profit. The phone requires charging which through mining the battery would be going down very quick because the phone would be operating at it's full capacity or near enough to it. Phones aren't meant for mining, and you aren't going to make a profit. If you want to mine you need to seriously invest in proper mining equipment.

[TheGodson]

I don't want to be the barer of bad news, but mining is pretty much a waste of time. Unless you have like a huge plant that you own or a rig in your basement you're just wasting your time. Sorry, but there are easier ways to earn cryptocurrencies then draining your electric bill.

Also downloading client stuff puts you at more risk to having your systems compromised. Hackers could gain access to your devices and steal your money.

tl;dr: Don't mine.

[acpr23]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

Why not try posmining? No gpu/hardware needed. Just employ postoken mint function and youll stake your Pos with 100% of interest. Here's the thread https://bitcointalk.org/index.php?topic=2110712.0

[Lipe490]

Actually you can mine some altcoins with mobile phone, but it's not worth it. Try mining bytecoin, there's a guide showing how to do it, it's one of few coins that you can actually get some little rewards mining on mobile phone because of its hardware limitation, but it's a funny and good way to introduce you or anyone in mining thing.

[manhwa]

definitely mining on smartphone just wasting your time and battery only for a little amount per month

[btcprospecter]

It is probably not worth the effort of mining on a smartphone. I set up an xmr miner for cpu on an old phenom 2 and it just wasn't worth the time expecially since I was using nanopool and it doesn't pay out until you mine 1xmr.

[sangtuosimino]

Combination of mining and mobile phone. I don't think it works. Now the mining is large mines in operation. Individuals can't dig bitcoin at all
The coin may turn into a POS system maybe later, so you don't have to dig.

[Halcyon Days]

Mining with mobile phones is quite difficult, as the hash rate is very low. Furthermore, we all now, that the battery of modern phones only last a day, by the mining process I am pretty sure, that the battery will be empty after a couple of hours or even before.

What might be interesting is mining through proof of stake. However, I am not sure, if there are many mobile wallets who support this features.

Keep in mind that you need a permanent internet connection for any kind of mining.

[pat4cryptoreal]

Mining with phone will be a very great news. The portability and accessibility of phone will bring a greater experience to mining. So I do not think it is a bad idea.

[z38630610]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I guess it is very hard to mine bitcoin with mobile phone. It is also hard to mine with common laptop or PC. One of my friend tried to mine with his laptop and then he had to buy another one because his device got out of order. Another friend is mining professionally and he has very powerful devices which are only made for mining.

[azguard]

This is only good fiction. There was one coin that was mined with phones back in 2015 if my memory is correct it was program that calculate and hash power was you, Basically when you walk you mine and when you run you mine, only this coin was worth few satoshi but it was good concept for that time.

Bottom line is no way to mine some coin with phones.

[pawanjain]

Electroneum has not yet opened the mobile phone mining feature yet and so it won't be possible to say whether it is profitable or not.
Although they did mention in their article that a high end smartphone will be able to mine 71 ETN coin per month at the price of $0.29 per coin which would give $21 per month. So it is not that profitable since we will have to keep the phone mining always ON which makes it prone to be dead. A single smartphone can't handle such a load and that is why it is recommended to make a mining rig and then mine the coins.

[nhoj25]

you can do this in altcoins only like you said ' electrneum ' , but i think it's will be very hard to mine and also very hard to get profit from thin mining , but we will see soon

I think mining with mobile devices wont be a success/profitable since it depends on your internet speed and device performance which is much lower than computers/supercomputers can. It will just stress out your phone until it dies. Hence, a negative profit.

[Fappanu]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I really think that mining bitcoin through phone is not that profitable. Mining using computer will take years before you can gain income because you will need to update your system, pay electric bills, pay for your computer maintenance. What more if you will mine with your computer.

[CuriousGeorge]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

I really think that mining bitcoin through phone is not that profitable. Mining using computer will take years before you can gain income because you will need to update your system, pay electric bills, pay for your computer maintenance. What more if you will mine with your computer.

Practically, bitcoin mining will be profitable only if you have low cost electricity or even renewable source of electricity. A damn tons of graphic card with the highest performance yet the most efficient energy consumption. and last thing, the maintenance to keep your hardware fine and cool, and preferably to mine in the location that have low temperature like countries in north europe and north america.
Sad to be say, individually mining a bitcoin with lowe end rigs will only wasting atime

[Pursuer]

you can't mine with your mobile device! they just made a device (or a rig) with a lot of old versions of their mobile devices to show it is still a good and powerful enough CPU inside them to even mine bitcoin. with the current total network hashrate you can't even have enough to find anything decent. not to mention that cell phones run on batteries that are not designed to work extensively night and day.

[yndye]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

Maybe there is a way for this to be profitable but as I read some post about mining Monero, I think it would be better if youo just use your PC in mining rather than your phone. I have read somewhere that they tried to mine an altcoin but then the phone get too hot that the owners are afraid it might blow up and some apps are very slow that's why they just stop mining through it. As for bitcoin, I think it is highly unlikely to mine it with mobile phone because even with PC it is just hard to mine, you need to have the specific tools for mining.

[sofi@]

I don't think mobile device a good stuff for mining I tried one and only earn few satoshi for an hour it's really small it will still depend on your place but for those beginners maybe this would help otherwise I would still suggest pc to be use for mining, with the help of good device and tools maybe you can earn good enough.

[Nawaytes]

Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away

If you don't spend money to buy a phone, it's not bad if you try it.
But I think it will be useless, because you will get..mmm..just a little from there, even to pay your internet bill will not be enough.
But you have to try and let us know how it works