Electroeum economics a mobile mining

[melamiras]

There is this relatively new coin called electroneum. The team has promised that it will be mobile mineable, but also made clear that mobile mining is not really mining. The coin itself is a fork o monero.

But to the point - Paying miner is actually done to keep the safety of the network if I understand correctly. Why would anyone mine a coin that is being diluted by granting airdrops (substantial) to people that simply install a wallet.

Isn´t that simply paying for adoption?

[chiggz]

Biggest takeaway for me is true mobile mining is just not practical. Tens of hashes per second is not worth giving up my precious battery and data plan. Mobile mining has been tried before and you can do it even now. But with that hash rate you could make around $0.1 per day. You are better off buying and holding some other coin.

Electroneum doesn't solve any math equations and just provides premined coins. I had been in the ICO Electoneum and can say its a Shitcoin. Made a lot of money dumping the coin though. Their team has great people with great marketing but that don't seem to do any justice. The launch was bonkers and it felt they purposely locked wallet to maintain the price. So yeah the gimmicky miner feature is just for adoption.

[Pixyoxx]

Mobile minning sounds amazingly easy and practical but in fact it would put the users at a risk , the risk of getting attacked by the hackers and everything else , it's really not a safe Option and should these things be even minable by mobile ?

If that's so then every single person would do it and the crowd will cause unnecessary problems.

If everyone decided to get into the same thing it might hamper the network as a whole and a coin shouldn't be that easy to mine if it's worth it , it's  just showing how less secure it is. It's not a game.

[melamiras]

Mobile minning sounds amazingly easy and practical but in fact it would put the users at a risk , the risk of getting attacked by the hackers and everything else , it's really not a safe Option and should these things be even minable by mobile ?

If that's so then every single person would do it and the crowd will cause unnecessary problems.

If everyone decided to get into the same thing it might hamper the network as a whole and a coin shouldn't be that easy to mine if it's worth it , it's  just showing how less secure it is. It's not a game.

Is not real mining, the phones don´t really mine any block nor anything... is called mining but they just give away some coins to the users. They said it was going to be as much a as 30 a month, but now it is unlikely.