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Author Topic: Why Mobile Mining exists at all?  (Read 401 times)
Mike Mayor
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November 24, 2019, 06:26:47 PM
 #21

I am so fucking sick of spammers talking shit all over the forum. Fuck you I hope they ban you from your signature.

If you took 5 seconds to do your research you will learn that elecetruem doesn't even mine it emulates mining. If you want real mininng then mine mib coin and plexu coins. This is real mining.
You are meant to mine with extra phones you otherwise do not use not your main phone. The amounbt of electricity it will use is nothing and you will profit. Cents every day = dollars every month so you do your own maths (which I see some people here are clearly not able to)

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

Nice spam there buddy. Reported!!

How much would you like to mine with a phone? You are clueless. A phone uses almost no electricity and you can get cents each day. cents each day = $$ each month. If you have a few extra phones that means you could be making an extra $10-$30 a day just leaving your old phones on. Why would anyone fie a shit what you recommend anyway?

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!



You talking crap because phoneum doesn't mine all it does it check that you have opened the app once a week. Please don't spread misinformation thank you. Also as far as I know it has no value yet as it is not listed.

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 every day 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.

I was enjoying and argeeing with what you read until you started talking nonsense.

"3$ isn't going to cover the cost of your phone's electricity cost." lol hilarious *face palm and dies*

Here is some maths.

A phone charger uses 3-6 watts / hour. Let us say 5 watts it is easy to work with. 5x24=120watt 120watt = less than one cent and you are making 10 cents a day. Btw who said you were going to charge your phone for 24hours?? you will only charge it for about 2 hours and it lasts a day. Does your phone need to be charging all the time to use right now? NO!!! You even said yourself it is not real mining so it will not use much electricity to keep running. So actually it will cost less than 120watts a day. maybe 40 watts. 40x30=1.2kw and 1.2kw costs about $0.06-0.12 depending on where you live so you say $3 a month so tell me how it isn't worth it?
This is why you are not making money dude. You pass up opportunity all the time. Your phone i already going to be on anyway so why not run an app that might use like 1% extra power -_-

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

Pi doesn't mine dude.... LOL very informative post.

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November 24, 2019, 06:37:23 PM
 #22

Mobile mining is becoming more and more popular, if only because mobile devices are becoming more and more powerful every year.  Some of them already have powers equal to old personal computers.  With the development of technology in the future, mining on mobile devices will become commonplace.

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November 24, 2019, 06:50:07 PM
 #23

I never mine coins on my phone, the first is that it's not secure, I don't want to have my information stolen. And the coins that are dug on the phone are almost worthless, and the coins mined by smartphones are also not the trend
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November 24, 2019, 07:00:08 PM
 #24

Not a fan of mobile mining per se so I don't buy into the idea of any project adverting themselves as a mobile mining project. The thought of it alone is discouraging since I don't like over stressing my device especially when it has to do with things such device weren't built for. Commented on similar thread sometime back and just as I said then, supposedly the mobile manufacturing companies that have interest in cryptocurrency decides to work on producing a smartphone that can restand the workload of mobile mining then I might just pick interest in the concept.

The popular project I have encountered selling themselves as been associated with mobile mining aren't actually what they claim to be. The like of phoneum and electroneum aren't been mined on mobile per se.

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November 24, 2019, 07:07:07 PM
 #25

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.
In my own personal opinion, mining phone exists because not everyone affords buying their own equipment that could be used in mining, that is why mining phone is only suitable for low budget people because it could still help them to earn even a small amount of profit. But mining phone is really not that profitable because it takes a long time for you to earn good money that it cannot make you rich.
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November 24, 2019, 07:15:07 PM
 #26

Cheapest and lowest mining rocks are used to mine small coins and since the processor can support the mining process people started using mining via mobile phones.
Newbies whoever entering cryptocurrency market on mining field may choose this as their goal but not suites for all the people.
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November 24, 2019, 07:53:35 PM
 #27

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.

Well, there is some use case for mining ETN on your phone. At least you can use the coins to buy internet service packages or call credit in some countries. Also, it does not use up your phone's processor as it is basically like cloud mining.

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November 24, 2019, 07:56:02 PM
 #28

Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.

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November 25, 2019, 05:33:49 AM
 #29

Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.
That is all. Some newbies would try to get some coins get out of mining as they want to grow with no new investment from their pocket.
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November 25, 2019, 06:23:07 AM
 #30

ETN is using cloudmining for their mobile so its really not like a real mining but i believe that in this techy world anything is possible, in future new techs can be detected or build to make mobile mining a possibility

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November 25, 2019, 06:37:43 AM
 #31

Still can't believe that people even think ETN mobile mining is a real mining. This kind of marketing language is why people are misunderstanding that this mobile mining is actually a faucet with really small rewards in disguise. It's basically the same as those Mobile game that pays in crypto both of them offer no real value and just wasting both your resources and your time.

With logic you can also know that even if mobile mining is a real thing it will just become yet another useless source of income because mobile's chipset is quite weak and not designed to endure the heat of intensive work.

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November 25, 2019, 06:41:20 AM
 #32

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.
in fact it is their way to get more interest from the community. they targeted cellphones because almost anyone could access them easily. but as you said, the heavy-duty mining is never going to be effective for smartphones, no matter how sophisticated they are.
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November 25, 2019, 06:44:27 AM
 #33

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.
It seems you don't understand how electroneum mining works on phones, its not cpu intensive and you don't have to leave it running in your background, with or without internet connection the mining will keep working, it doesn't affect or drain your battery as well

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November 25, 2019, 06:48:04 AM
 #34

Mining through mobile phones is just a waste of time and money.
Just imagine how much would it cost for one mobile phone and you would just use it to mine a cheap alt-coin that could also destroy your phone.
It isn't worth it I think even if you would mine daily you wouldn't be able to save money to buy a new phone before your mining phone get's destroyed.

Agree with this opinion, although at this time the phone can be used for mining coins, I think it will not be profitable because in addition to the risk of damage to our gadgets, the coins we get are not many. Currently, there are many telephone companies that offer a variety of features, but you should still use the phone according to its function

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November 25, 2019, 07:02:47 AM
 #35

Mobile mining is not a very popular mining idea unlike using mining rigs and developers are still yet to find out a better technology that will make mobile mining possible but nothing is impossible, if any new project can make this works such project will rank up to top 5 on coinmarketcap for sure

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November 25, 2019, 07:12:12 AM
 #36

mobile mining can indeed provide a small electric power but you have to know the results of mobile mining also give very little results even to do maintenance is clearly more expensive and more high risk, because mobile should be used for communication not for mining, if mining is done using mobile can only get a little profit.

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November 25, 2019, 07:21:15 AM
 #37

Electroneum team is active they are creating more things like payment gateway , Micro transaction even more but they couldnt able to succeed because ogf Bearish market . Also electroneum mining in mobile no more profitable and some times they will be having restriction to withdraw amount , Even its difficult to reach minimum withdrawal threshold i completely stoped using ETN from quite long time . I dont think mobile mining suitable for crypto currencies.
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November 25, 2019, 08:24:31 AM
 #38

Mining coins using a smartphone may be simple and sufficient just in the hand. But the problem is the durability of the smartphone used will decrease and make the smartphone damaged. Millions of smartphones are at stake only for 5-6 Electroneum coins, which only cost 100 sat. Very unprofitable. Smartphones are not as strong as PC devices that will last a long time if used for mining.
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November 25, 2019, 08:29:22 AM
 #39

With time mining on mobile phones will be possible, this is technology we are talking about here and its the fastest growing around the globe, its only a matter of time before we see new mining algorithm that will be perfect for mobile phones

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November 25, 2019, 08:36:18 AM
 #40

I think mobile mining is not real and if i remember correctly its not really mining thru your phone but they count the app usage and connection to the server and they just do an airdrop depends on time usage from your phone.

And if that's really mining then it can be easy to make money and battery consumption will surely lessen the life of the batt of your phone since you will need to open the app overnight.

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