Phone mining? Is it profitable?

[Ehizzy1]

Phone mining isnt profitable because you earn just little amount of crypto currency you are mining

 

[Sincerem]

Phone mining is not profitable to me, cos those mining applications tends to make use of your network to gain more traffic and income given little at the end that Doesn't worth your time at all.

 

[Kamon c4]

I am mining everyday with cryptotab browser on my phone and set as default browser but mining earning of mining are not much you have to bring other mobile miners to increase your monthly income.

Can you start a thread about how you do this it’ll be really helpful

 

[WhiteHouse]

Phone mining isnt profitable because you earn just little amount of crypto currency you are mining

That's right, have you mined on phone before?

 

[conaljom]

I think it's best you purchase a mining machine as it gives you a desired result. Thanks

 

[WhiteHouse]

I think it's best you purchase a mining machine as it gives you a desired result. Thanks

A mining machine? What's that?
A powerful computer?

 

[conaljom]

They are called Graphic Processing Unit (GPU). Although they are quite expensive but are much profitable and very fast to mine BTC.
Here's the price of one below

A mining machine? What's that?
A powerful computer?

Cisco Systems IE-2000-16PTC-G-NX POE on LAN base with 1588, NAT and CC. GE uplinks
CHF 2’710.92
€2,509.08

 

[conaljom]

Phone mining is not profitable to me, cos those mining applications tends to make use of your network to gain more traffic and income given little at the end that Doesn't worth your time at all.

Absolutely.
Even mining with an average computer could damage your PC or even burn it as it gets extremely hot trying to mine those satoshis. A bad experience though

 

[vest1992]

it does not compare the power of the phone with the power of a computer. if you need a high-performance computer, find out on the phone. I also heard pros and cons. Personally, I tried a honeygain application that also kept the application open and was extremely difficult. I don't think the idea of mining on the phone is profitable.

Honeygain is not a mining app, but a sharing your network bandwidth with them. Thogh if you want to mine on your phone there is Pi Netowrk which doesn t use battery, gpu or cpu.

 

[Sincerem]

Absolutely.
Even mining with an average computer could damage your PC or even burn it as it gets extremely hot trying to mine those satoshis. A bad experience though

You're there, phone is not compatible at all with it, but system or windows are compatible. Because of its high CPU storage level and GHz core processor.

 

[WhiteHouse]

They are called Graphic Processing Unit (GPU). Although they are quite expensive but are much profitable and very fast to mine BTC.
Here's the price of one below


Cisco Systems IE-2000-16PTC-G-NX POE on LAN base with 1588, NAT and CC. GE uplinks
CHF 2’710.92
€2,509.08

Thanks for the info. But how profitable will this turn out if I Invest in buying such machines?

 

[Ehizzy1]

That's right, have you mined on phone before?

The only one i have mined on my phone is etn , the electroneum app , that is the only one

 

[WhiteHouse]

The only one i have mined on my phone is etn , the electroneum app , that is the only one

And how feasible where you able to mine it?
How valuable is this etn?

 

[Ehizzy1]

And how feasible where you able to mine it?
How valuable is this etn?

I think it takes somedays to earn up to 100 etn and you obviously need to complete some kyc information to get srarted

 

[WhiteHouse]

I think it takes somedays to earn up to 100 etn and you obviously need to complete some kyc information to get srarted

I get that, I mean how valuable is this etn. How many etn is needed to make a dollar?

 

[Ehizzy1]

I get that, I mean how valuable is this etn. How many etn is needed to make a dollar?

1 etn is equal to $0.0004 i think , but the issue is that the price is dropping like this period because it was more than that

 

[WhiteHouse]

1 etn is equal to $0.0004 i think , but the issue is that the price is dropping like this period because it was more than that

Wow, that's too low.
How profitable is that, getting 100 etn will take me some days and even that's not up to 1 dollar.

 

[Ehizzy1]

Wow, that's too low.
How profitable is that, getting 100 etn will take me some days and even that's not up to 1 dollar.

Up to like 7 days , i think you might just join to keep the coin and not to save the coin for long term and not till it increases to a large extent i think

 

[WhiteHouse]

Up to like 7 days , i think you might just join to keep the coin and not to save the coin for long term and not till it increases to a large extent i think

But at the end of the day, is it worth it?.
There are better online opportunities that are more decent

 

[Mawome]

I mine btc every hour using telegram bot, but it's not always easy especially when they pay you 0.00000001 in an hour is really discouraging