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Author Topic: MinePhone WX [ 2 ETH / month], Mine on mobile phone?  (Read 657 times)
gullu
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May 31, 2019, 11:47:07 PM
 #21

Haha BTW guys you have to pay 13 ETH activation cost for this amazing phone  Grin

I think its another version of cloud mining but using hugh technical words to mislead the people and nothing else.
Anyway, lets wait and watch the outcome . Grin

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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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64dimensions
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June 01, 2019, 03:18:07 PM
 #22

Let's do some rough numbers:

1) According to WTM using 16 1080ti cards is about 2 ETH/month

2) The power consumption for these 16 cards is about 3 kilowatts (under ideal conditions).

3) Cell phone power feed:

a) 12 volt bus requires about a 250 amp feed.  So divide 250A by 0.8 for safety  Grin Grin yields an required cable ampacity of about 320A which would be 2 3/0 (AWG) cables.

b) Say 100 mA feed: you are looking at 30 kV input.


Either 3a or 3b requires alien cell phone technology.


Scam possibilities:

i) One of the above comments, where the cell phone + app is just an interface to a cloud mining site.

ii) Some weird ponzi scheme where the "investor" is "paid" back on a monthly basis, but to the investor's surprise the total income ends up less that what was put in.

 
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June 01, 2019, 04:20:27 PM
 #23

Well, I am sure there are those who are looking for easy money and will buy this miracle of technology. And then, unfortunately, he will understand that he was cheated. Scammers 100%

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June 01, 2019, 06:09:25 PM
 #24

I've just found the following website: https://minephone.bitwings.org/

Looks like they offer a mobile phone which is able to mine 2 ETH / month.

THIS IS PRETTY HARD TO BELIEVE, PROBABLY  SCAM / MISINFOMATION.

Any thoughts?
Of course that is a scam because how some unknown company could create a mobile phone that is much powerful than phones created by reputable companies such as Samsung or Xiaomi.

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June 02, 2019, 10:42:15 PM
 #25

It is definetly scam. With today's technology, getting 1000 mh/s on ethash algo is not possible by phones.
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June 06, 2019, 04:16:24 PM
 #26

But if you think more about it, then it is possible if they combine it with cloud mining. I mean, by buying phone you invest for a cloud package that will generate mining profits, but still it is little bit untrustworthy solution.  Undecided

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||bit
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June 11, 2019, 09:43:31 AM
 #27

I couldn't help myself but i checked the website. I knew it was a scam when i read that a mobile phone will mine 2eth in a month.

They also have a subscription plan which you earn monthly 0.20 eth in return of 0 investment Cheesy If they decide to go with PONZI path maybe 1-2 month you can earn 0.20 eth. Otherwise, it is a scam and you shouldn't pay any cents for it.
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June 11, 2019, 01:00:27 PM
 #28

Such sites even visit undesirable. And discuss it? After reading this post:
Let's do some rough numbers:

1) According to WTM using 16 1080ti cards is about 2 ETH/month

2) The power consumption for these 16 cards is about 3 kilowatts (under ideal conditions).

...
I remembered the law of conservation of energy & the perpetual motion machine.
If the ethereum blockchain is OK, then certain efforts and materials are required to mine one ETH coin. Selling devices from this site is something like selling a perpetual motion machine.
There will always be a Perpetual motion machine, a Philosopher's Stone, Miracle device, mining 100500 BTC/sec. or something else like that.

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June 15, 2019, 05:55:04 PM
 #29

how the hell a stupid smartphone can mining more than RIG ?
if that device truly real, i cant imagine how frustrated miner on this world.
1000MH power on a single device ?
LMAO.

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