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Author Topic: [Question] The First Digital Currency You Can Mine On Your Phone  (Read 387 times)
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November 19, 2019, 06:00:18 PM
 #21

Electronuem and phoneum are the first kind i see but they work like cloud mining and i think that is the best they can do because no mobile phone can handle the heat of mining like mining rigs do, they will die instantly

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November 19, 2019, 06:06:09 PM
 #22

It's not the first phone coin at all. Electroneum is 2 years old now.

IMO it's not worth at all - to mine. I prefer to keep my phone 'clean'. And the phone's price is close to a mid-level desktop miner (P30 Pro). Maybe will worth just to buy some small amount, in case it becomes at least successful as Electroneum.

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November 19, 2019, 06:11:43 PM
 #23

The claim of being the first digital currency to be mined on a phone is false.  There are other projects like ETN,  Phone I'm and even UPlexa which are phone mine able.

Since that is the headlining feature of your digital currency,  what real value does your project have to offer? 

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November 19, 2019, 06:12:46 PM
 #24

I have seen and read about some coins that can be mined with phones, but the question is how has the proof of concept of these project gone, how secured are their networks. I don't believe these coins have any chance of success unless it is just for research purpose.

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November 19, 2019, 06:48:19 PM
 #25

There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Just because it can be mined via phone it will surpass Bitcoin? Grin it doesn't work that way because if a new coin like to overtake Bitcoin then it must be fully decentralized with a real use-case and huge demand though it will not likely to happen since the Bitcoin community is so large that they will not let that thing to happen.

 
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November 19, 2019, 07:09:00 PM
 #26


Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/

This post is not advertise the said coin, this post is only for sharing thoughts about it.


Cool! That is a dream - to mine on the phone. I know the currency which created to mining with phone - that is Bitwings project.
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November 19, 2019, 07:26:05 PM
 #27

There is someone send me DM on FB saying that it will surpass what Bitcoin have now.
By this statement, it's already obvious that you should avoid this kind of coin. People never learn that no coin has been seen to surpass bitcoin.

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November 19, 2019, 08:10:00 PM
 #28

Thanks for all of your response guys, mining on mobile phones are not the best way to earn. It will only give damage to our unit
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November 19, 2019, 08:31:15 PM
 #29


Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/

This post is not advertise the said coin, this post is only for sharing thoughts about it.


Cool! That is a dream - to mine on the phone. I know the currency which created to mining with phone - that is Bitwings project.
It seems to me that this makes no sense at all. There are a lot of mining stationary equipment. Is it really no enough ?!I heard for the project you are talking about,but are you sure that with the help of the technology they offer, it will really be possible to earn ethereum?I think it's bullshit to be honest.

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November 19, 2019, 08:41:10 PM
 #30

There are other currencies like Phoneum and Electroneum which can be mined through a smartphone! Electroneum is around for quite sometime now. So it's not a new concept to the market! Also Phoneum is based on a similar kind of concept like Pi.

However, if you truly believe that such currencies will overtake bitcoin or any other major cryptos in the process, you are living in a fool's paradise!
You're right and i believe the OP dont understand that how a crypto project flourish in the market are not measured by fast tx, ease of mining etc but through the level of confidence the community have towards a certain project.
Meanwhile, Tron, XRP etc offer unique tx fee and time than bitcoin but the crypto community still prefer bitcoin above them.

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November 19, 2019, 09:07:53 PM
 #31

While I'd love to make money while my phone's not being used or something of that type, I usually go for a few hours daily without access to a charging port for my phone, and mining would probably kill my phone's battery percentage, and it's also critical that my phone always has adequate power, so a currency mineable on my phone isn't really something I'm interested in.

You're also very unlikely to make any significant amount of money from mining with a phone simply because there's so many mobile devices out there nowadays that are also likewise capable of mining, which lowers profitability if there is any at all. Mobile mining is mostly just a gimmick to get people to use a coin at the moment, and it's certainly true a coin might start rising in price purely from hype from mobile mining, though it's really not anything new or practical.
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November 19, 2019, 10:17:24 PM
 #32

Mobile phones aren't yet powerful enough for effective Proof-of-Work (POW) mining, but Proof-of-Stake (POS) assets can be mined on a mobile device because they require much less processing power than the former to generate rewards for holders

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November 19, 2019, 11:57:01 PM
 #33

You can mine Phoneum,Electroneum and TAU coin also from your phone, I have also joined PI project and mined 4000 coins but I don't think this will be more wort coin.

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November 20, 2019, 12:07:05 AM
 #34

mining on mobile is not recommended, it can make your mobile damaged, I have tried for the first time mining electroneum, PI as well. But it all does not last long because the cell phone will quickly heat up, making lag when doing multitasking activities. Though it was all done with mobile phones with high specs, but basically cellphones are not intended for mining but will not be maximized and cause more harm to the cellphone itself. I think not to try mining with mobile phones, mining with rules and using tools as recommended.

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November 20, 2019, 03:18:39 AM
 #35

Nowadays mining in a computer alone does not yield the maximum profit that there is wasting our electricity is too big and not strong to pay.
Especially in mobile phones that have to communicate but used for mining, I think impossible. Although it can not give profit equivalent to mining using VGA computer.

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November 20, 2019, 04:05:12 AM
 #36

This is not the first mining done on mobile, but it will end the same as other shitcoin.
my advice do not ever do mining on your phone, altcoin is worthless it can even cause your cell phone is damaged.
all altcoins that are mined with mobile phones must be avoided.
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November 20, 2019, 04:44:37 AM
 #37

I am not interested in mining coins using my own phone because besides only slowing down the performance of my cellphone, in my opinion it will make the life of the cellphone shorter. If you want to mine coins, in my opinion it is better to use proper equipment so that the results we get are more and maximum
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November 20, 2019, 08:22:59 AM
 #38

I don't think this is the first thing crypto does for phone mining. There are so many projects like this. Electroneum already did it in 2017. I remember there was a project called Mangocoin, where you could mining the coins through a shake-up phone. But it was already dead. When viewed from the web and the explanation of MinePi, I'm not too interested because it's like fake promises lol. But I could be wrong. Goodluck!



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November 20, 2019, 08:30:50 AM
 #39

Adding coins with a smartphone is not new news anymore, there are some developers who develop it like Electroneum which allows our smartphones to mine Electroneum coins. But the disadvantage is that it will make the smartphone get hot quickly, the battery will often run out and burden the smartphone. Mining using only 1 smartphone is very less in my opinion, there must be several smartphones, more is better. But I prefer to mine using a VGA Card that is more durable and stronger power.

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November 20, 2019, 08:46:17 AM
 #40


Is there anyone familiar about this coin?
There is someone send me DM on FB saying that it will surpass what Bitcoin have now.

Mining using phone is a great, but I think it will make our phone slow.

Please take a look at this :

White paper
https://minepi.com/white-paper

Website
https://minepi.com/

This post is not advertise the said coin, this post is only for sharing thoughts about it.

Actually this is not the first, i have know other few coins that you can mine using your smartphones e.g electroneum but all the same this is not a real mining but cloud mining that doesn't rely on the power of the phone cpu, i don't recommend such coins because cloud mining on phones doesn't make them better

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