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Peter882
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August 07, 2014, 03:49:57 PM
 #41

if you invest in mining equipment it would take like 60-90 days to make roi

Either you have early access to the newest ASICs, or you have made some mistakes in the calculation (eg. forget the difficulty increase, forget the electricity cost, etc) Smiley

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August 07, 2014, 03:53:25 PM
 #42

Latest smartphone can be using for mining but only 1 or 2 kh/s. This is too low I know but what about 100.000 smartphone. Especially If you are using Android phone be careful while you are downloading free games or application. Don't forget, "If product is free, now you're product"

Say if you have access to 100,000 phones, and each can hash at 1 KH/s, you will have a total of 100MH/s (while a dated Block Erupter USB can give you 330 MH/s). Smiley

So, nope, it is completely useless in the sense of mining.

valvalis
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August 07, 2014, 03:55:11 PM
 #43

I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.

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Muhammed Zakir
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August 07, 2014, 04:10:57 PM
 #44

I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.

With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
       MZ

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August 07, 2014, 05:53:21 PM
 #45

I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.

With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
       MZ

4.7 GH/s for 2 smartphones? Are you sure?
Combining the very best CPU and GPU on desktop shouldn't give you even 1 GH/s...
valvalis
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August 07, 2014, 06:13:06 PM
 #46

I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.

With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
       MZ

really? Can you provide proof? I think, It's really impossible  Undecided

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Chicowash
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August 07, 2014, 06:47:33 PM
 #47

it can not be real to mine with that speed with just phone. Anyway, it is not smart to mine with smartphone, because you are wasting baterry
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August 07, 2014, 07:36:41 PM
 #48

I  tried an apk on my Flex and it was giving me 4mH/s
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August 07, 2014, 07:39:40 PM
 #49

I would not recommend mining with your phone.
1st. You kill your phone
2nd. Its not profitable.

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Bitsaurus
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August 07, 2014, 08:05:35 PM
 #50

I think it's impossible. I wonder how hot my phone if it possible to mining with smartphone. And sure the hash power is quite low if it possible using smartphone for mining.

With 2 Nexus 7, you can get ~4.7 GHs with easy miner. I heard that notion ink adam works with easy miner.
Kindly,
       MZ

Perhaps you meant 4.7MH/s.  A Core i7-4770K overclocked won't even give more than 1GH/s and I doubt the Tegra could beat a I7 even in compute.

BTW 4.7GH/s a day makes about 1 penny - totally not worth it to mine other than to know you can.
Godye Scaro X9
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August 08, 2014, 08:56:23 AM
 #51

I think mining on a smartphone is possible but it definitely isn't profitable. I believe there was a news story a while back about Bitcoin-mining malware infecting smartphones. Even back then, it made no sense and so nobody could understand why anybody would even attempt such a thing.

Do a search for "smartphone mining malware" if you don't believe me. You'd be surprised.
abora
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August 08, 2014, 10:33:57 AM
 #52

mining on smartphones its done but not profitable

Bernard Lerring
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August 08, 2014, 11:39:19 AM
 #53

How about an old Commodore 64 if I plug a 56kbps modem in?

Anyone got bitcoin core on cassette tape?

How long before I can mine 1 BTC?

Godye Scaro X9
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August 08, 2014, 11:53:09 AM
 #54

How about an old Commodore 64 if I plug a 56kbps modem in?

Anyone got bitcoin core on cassette tape?

How long before I can mine 1 BTC?



It's not a Commodore 64 but someone did manage to find a way to mine with a NES from 1985:

http://www.retrominer.com/

Unfortunately, I couldn't find a hash rate figure. Modern smartphones are MUCH more powerful than anything from the 80's though. Seeing as though someone mined hundreds of bitcoins back in 2009 with a Pentium 4, it probably would have been profitable with today's prices to mine with a phone back then too.
virtualx
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August 08, 2014, 12:37:09 PM
 #55

Mining is not feasible on a single smartphone now, maybe as a bot net of 100.000 phones - but  I think bitcoin has reached the complexity where it's not feasible anymore with this kind of hardware. You need heavy machinery  Smiley

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ranochigo
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August 08, 2014, 01:08:57 PM
 #56

Latest smartphone can be using for mining but only 1 or 2 kh/s. This is too low I know but what about 100.000 smartphone. Especially If you are using Android phone be careful while you are downloading free games or application. Don't forget, "If product is free, now you're product"

Say if you have access to 100,000 phones, and each can hash at 1 KH/s, you will have a total of 100MH/s (while a dated Block Erupter USB can give you 330 MH/s). Smiley

So, nope, it is completely useless in the sense of mining.
Even so, anyone with senses should be aware their hardware is heating up very fast and would suspect of a virus infection. I doubt any modern smart phone would mine at that slow speed, they usually get around 500++kH/s.

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August 08, 2014, 01:25:04 PM
 #57

I cannot even fathom why someone would even attempt to create a bitcoin mining program for a phone. Next they'll be apps for Smart Tvs, then again you'd probably do better with one of them with some of these processers they've got in now a days lol.
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August 08, 2014, 01:50:53 PM
 #58

Is it possible to mine using a smartphone? Ive seen some mining apps and curious if anyone has actually tried it

i think it's possible to mine using a smartphone, because a smartphone has a lot of applications which are developer by programming developer. i.e : android, ios (apple) or blackberry ...

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August 08, 2014, 02:48:39 PM
 #59

Save the heartache and just sell the phones for an actual miner lol..

Its the most logical decision.
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August 08, 2014, 02:59:48 PM
 #60

Is it possible to mine using a smartphone? Ive seen some mining apps and curious if anyone has actually tried it

i think it's possible to mine using a smartphone, because a smartphone has a lot of applications which are developer by programming developer. i.e : android, ios (apple) or blackberry ...

Roll Eyes. You obviously have no idea.
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