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Author Topic: Why Mobile Mining exists at all?  (Read 401 times)
HammadAli (OP)
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November 24, 2019, 02:12:16 PM
Merited by CryptopreneurBrainboss (1)
 #1

We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.
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November 24, 2019, 02:19:55 PM
 #2

For me any coin that can be mined with a mobile phone is a shitcoin, those mining this coin you mentioned probably have hopes that the price of the coin could go up in years to come, but if we are to be honest with ourselves, we know it would probably not happen.

Yes I know It was easier to mine bitcoins before, but that is the bitcoin, look at its use case, it was a super product from day one, it just needed time, but this altcoins today isn't any of that, and mining this coin or any of them is going to be a waste of time.

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November 24, 2019, 02:46:33 PM
 #3

We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.

Trying to mine a crypto from mobile is a suicidal act for the hardware.
Electroneum on the other hand is not mining through mobile. It's just a mining simulator. It's an Electroneum faucet that gives you the sense of mining from mobile. It's not a resource heavy app. Pi is a similar app that uses virtual mining to give you rewards in their tokens.


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November 24, 2019, 03:12:12 PM
 #4

The mobile phone is not made for mining is already hard mine with a CPU even some GPU have become obsolete so with the mobile phone is very hard
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November 24, 2019, 03:19:18 PM
 #5

A mobile phone might be broken if we are using it to mine coin excessively(running the cpu 100% or something like that), but in this case(electroneum) they do not need to use all of the cpu which is fine for the phone(for some time). why they advertise it?
it is because mining using a mining hardware cost us more and it needs a lot of electricity which is not sustainable for the future, by using the mobile phone we do not need that much money, resources to mine it.

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November 24, 2019, 03:22:45 PM
 #6

Some humsters are really believe what they can mine something on their phone. Thats simple
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November 24, 2019, 03:30:16 PM
 #7

They exist because the developer think also the very affordable in many users worldwide then this mobile mining is to promote their own alts/tokens and for me this is really good to do but still it depends in the potentials of the alts/tokens like they will grow by that,Moreover if you know honey miner then this is the best mobile mining in the past like this have big impact in the price of their alts when they use this

There are rarely any app of a legit coin that actually mines in the mobile. Tau mining app seems to heat my phone and could be on of the exception.
Every other popular mining app like Electroneum, Pi and Phonium are just the simulation. They don't really mine with user hardware.
Electroneum is a cryptonight coin and they use the premined coin dedicated to be distributed to reward a small amount to users for keeping their app active. The app does not mine any coins.



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November 24, 2019, 04:10:46 PM
 #8

5 Electroneum per day is about 24hours of mining Electroneum with a mobile phone. I wonder what mobile phone will survive such intensive task on the phone processor.
 Well, if an Electroneum miner keeps his mined coin long-term, they could be worth something in the future.
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November 24, 2019, 04:16:34 PM
 #9

We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.

Trying to mine a crypto from mobile is a suicidal act for the hardware.
Electroneum on the other hand is not mining through mobile. It's just a mining simulator. It's an Electroneum faucet that gives you the sense of mining from mobile. It's not a resource heavy app. Pi is a similar app that uses virtual mining to give you rewards in their tokens.
Funny if you consider how much Electroneum tries to make it look like they are the coin for mobile mining.

In my experience, another issue is algo security. You can't claim that an algo can be mined only with mobile CPUs and be 100% sure about it, or that it'll never be abused or cracked, unless it's some closed source disaster of course.

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November 24, 2019, 04:22:22 PM
 #10

Although the price of a cheap smartphone can be used to mine ETN, I think it will be a waste of time, I don't see any long-term benefits on ETN, but why do many people who do that risk their smartphone being damaged only getting a few ETNs that may not necessarily replace your smartphone , this seems unfair in my opinion, I better use mining with my computer CPU

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November 24, 2019, 04:25:59 PM
 #11

I am a fan of mobile mining simply because of the viability issue and i have not heard about the coin to make a comment and i am not sure about the viability of the coin but that been said you cannot use mobile to use your resources all the time and mining is meant to use your full resources and it will bring more damage to the hardware than the profit you can make.
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November 24, 2019, 04:37:58 PM
 #12

I am a fan of mobile mining simply because of the viability issue and i have not heard about the coin to make a comment and i am not sure about the viability of the coin but that been said you cannot use mobile to use your resources all the time and mining is meant to use your full resources and it will bring more damage to the hardware than the profit you can make.
Do you really think that can make you profitable? I don't think so, because it's just a waste of time and burdening your mobile device. Imagine if you had to work really hard just to get $0.01 a day for 24 hours. That's very bad right? Not a profit you can get, instead it can result in losses that can damage the hardware components of your phone because it will get very hot during the day nonstop while you are mining.
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November 24, 2019, 04:57:00 PM
 #13

Mining with mobile phone is a bad idea. Specially when the risk is greater than the possible outcome. On the other hand when a company let go their coin that easily that means that those coins are really valueless.

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November 24, 2019, 05:01:30 PM
 #14

This is not the future of mining, just an interesting addition, nothing more. Mining with cellphone can be fun, but you are earning peanuts, moreover, those coins do not have value at all, just look at their prices on CMC.


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November 24, 2019, 05:06:25 PM
 #15

Company/ developer will take any chance to keep their project goes straight, even look's funny but they will. Customers will take any opportunity to create income, even look's bad they will do it. I'm not try to laugh but that's the fact and somehow even we know but still do stupid thing. So far I'll give salute into company/ customers that use their low speck device, minimum fund and no knowledge to keep try whatever they get. So let's become smart people, if you know better please let us know.

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semobo
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November 24, 2019, 05:16:28 PM
 #16

We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.
CPU power on a smart phone is pretty powerful now a days but which is not designed to mine coins because continuous usage will damage any smarthphones if its working on its full potential.If anyone attracted by mobile mining have no knowledge about mining but they want to make some money so projects targetting them by giving fake promises and profits.
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November 24, 2019, 05:22:02 PM
Merited by CryptopreneurBrainboss (1)
 #17

For those of you who still don't know Electroneum's "mobile mining" in it's app is not an actual mining process but just a simulation of it. The app doesn't actually use your hardware and the hashrate you see is just what they predict you will have based on your device's hardware. They already announced it in their website that they are just giving 3$ worth of ETN for their app and they intend to change the term to “cloud mining” which just justifies what they are doing which is really fake mining for its users. But even if your phone's hardware isn't used do you really think 3$ worth of ETN is enough for you to keep your phone running everyday just to earn it? Your phone still gets damaged just by charging it to keep the app going now I'm no math genius but 3$ isn't going to cover the cost of your phone's electricity cost.

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November 24, 2019, 05:23:32 PM
 #18

We all know that mobile phones are a delicate pieces of gadgets. As mining is a hectic task for computers, the devices we use should be able to sustain the load and be equally worth of resources at the same time. So for such a task, indeed they will serve us for a shorter period of time when we compare their service time with a PC.

There are some coins which can also be mined with mobile and one of those coins is ELECTRONEUM. I have read the reviews made by different users of electroneum mining app and they concluded that they get approx 5-6 electroneum coins per day. So with current market price it is less than 100 sat a day with internet, electricity and wear tare costs of the device. If why would someone risk the smartphone for just 6 elec a day?

So why companies advertise their coins with describing mobile mining as a benefit? Make your coin enough valuable that miners leave other coins for your coin mining. Or otherwise companies should leave this idea.

Mobile mining exists to give people hope that they can also mine cryptocurrency! In reality, it's of no use! I have also tried to mine Electroneum and I was able to get only 2 coins after 24 hours of continuous mining. So I dropped the idea because I wasn't earning anything! Now a new idea has emerged in the market called "cloud mobile mining" and a crypto called Phoneum is leading the market! Again, it's a complete failure because the value of the coin is way too much less! We just end up burning the mobile battery and processor! Companies are showing it as a benefit because they just want to show ads to maximum number of people possible and earn some good amount of money!


kaneki007
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November 24, 2019, 05:26:02 PM
 #19

Mining via mobile will only damage the device and it's not worth it with the results i got after trying it a few months ago trying to mine. I don't recommend it and you will only get a few cents in 24 hours

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mr.robot8
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November 24, 2019, 06:21:53 PM
 #20

mining on mobile only leads to their destruction, they have too little computing power, electroneum only simulates the mining instead of pi network and uplexa really mine but consume and destroy the phone battery
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