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Author Topic: Imagine mining with cellphones.... what an ICO that would be  (Read 293 times)
China8888 (OP)
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November 14, 2017, 11:05:41 PM
 #1

Imagine mining with cellphones, even super slow, many many people would surely buy into crypto.

Its all about taking part and excitement
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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fanatic26
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November 14, 2017, 11:50:57 PM
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Every single person would shut that miner right back off when their phone battery died in an hour.

Its a terrible idea.

Stop buying industrial miners, running them at home, and then complaining about the noise.
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November 14, 2017, 11:56:53 PM
 #3

Imagine mining with cellphones, even super slow, many many people would surely buy into crypto.

Its all about taking part and excitement

Electroneum is working on this you can check them out. They are revolutionizing thru mobile phone mining. Not sure what exactly that does or how it is done.
NotFuzzyWarm
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November 15, 2017, 01:16:39 AM
Last edit: November 15, 2017, 02:43:23 AM by NotFuzzyWarm
 #4

Imagine mining with cellphones, even super slow, many many people would surely buy into crypto.

Its all about taking part and excitement
You are a few years behind the times but then again to Newb's, everything old is New to them... Several Major Players already floated that idea / ICO and took in millions from Investards. ref Smartphone Mining Chips. and full article from PC World here.

For a myriad of obvious reasons like processing power (minuscule to what is needed) to battery life and more serious gotcha's it failed of course. However the core concept behind the software was reborn as the 'voluntary' Monero mining that several sites such as PirateBay have you run in the background liu of showing ads while you are using their sites.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
contecsion
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November 15, 2017, 06:59:40 AM
 #5

Phone miners are not a bad idea as the number of phone users in the world is huge. Imagine your phone calling and being able to work as a miner. This is really a potential project.
roddy5
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November 15, 2017, 09:22:45 AM
 #6

Mining using your cellphone might be a terrible idea, it is easier to manipulate you can just use signal jammers and stop the mining operation.
ctyptoinvader
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November 15, 2017, 09:29:18 AM
 #7

Yes, there are already such projects. But as a rule they create only the appearance of mining .. Something like a cloud-based mining. But a full-scale phone mining I do not think that our the best smart-phones will stand
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November 15, 2017, 09:57:03 AM
Last edit: November 15, 2017, 10:52:10 AM by Text
 #8

Electronuem android mobile app is currently down for maintenance.
It is really exciting if we can also mine using our smartphones, I hope manufacturers can develop a processor of snapdragon and mediatek that has the ability for mining. Unfortunately, 21 BitShare technology didn't come out.

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ceferov
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November 15, 2017, 10:09:35 AM
 #9

Electroneum works on it and that's why they could do successful ICO. But actually it will be not a real mining. It will be mining simulation and you will get ETN for keeping their app open.

 

https://www.ETH2X.com - Multiplayer roulette gambling platform.
segomawut
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January 11, 2018, 03:32:06 AM
 #10

If web wallet works fine id email support and explain that. There might be something on the backend i dont know about. I know someone who had the same isse
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