I’m sure you’ve already come across the term mobile mining or cell phone crypto mining.
Some individuals who have tried everything might have warned you that this is not a good choice.
That you will not get anything and destroy your phone.
Yes, that may well happen.
But below, we’ll introduce cryptocurrencies that you can really mine on your smartphone and nothing will happen to it.
How is that?
These are controlled mining simulations for which developers send a reward. It’s not really mining, but you know you can get free cryptocurrency.
The Most Famous One was Electroneum…
We have been watching Electroneum from its beginnings until now. The Electroneum team launched the Electroneum Simulation Mining ( ETN ) application in last years.
This mining simulation rewarded the first “miners” while the smartphone was not burdened more. Gradually this team upgraded the app and moved to remote mining called cloud mining.
That did not run on your device but somewhere the intention was to get people to their cloud crypto miner.
Even today they have more than 100,000 mobile “miners” on their account and we are waiting for ETN to be implemented in the world market.
They have a patent for instant payments, tested operational mobile payment put your coin and are already listed on number of exchanges (KuCoin, HitBTC etc.) It does not hurt to have a few thousand in the account thus obtained ETN coin.
And ETN now stopped cloud mining and started freelancing services.
Similar : MIB Coin – Mining with mobile phone
Phoneum as a mobile miner
A similarly based cloud mining on a mobile phone is the Phoneum project. In the near future they will have a listing on a stock exchange.
They are on the market longer and hand out the Phoneum cryptocoins (PHM), which they are apparently doing.
In addition to the ability to get cryptomena by regularly running cloud mining, you can also get coins through playing game Crypto Treasures.
In this game you can even get many new ICO cryptos that have an agreement with this company, even some BTC/satoshi.
Whether the project has potential will be seen over time, but the development team has a big goal.
Similar : Phoneum Cloud Mobile Miner
Pi Network Mobile Miner
Developers of this cryptocurrency (or even ICO) also offer literally to distribute their own coin. Among people they want to get it through a sophisticated referral system.
Giving away for a certain number of users will slow down until it stops completely. Once a day, just like Phoneum, you need to click the button in the app to start mining.
Developers with Pi Network wants to remove everything bad from the world of banks and FIAT.
They want to eliminate transaction fees, the ability to censor transactions, but also the ability to act under a pseudonym when you decide whether to transfer the transaction publicly or privately.
In One sentence, they want a free cryptoworld. Lets keep our eyes on this project.
There are more and more interesting projects in the world that work on a similar principle.
Of course, they are all small coins and are not very popular.
However, atleat the crypto names mentioned above do not burden the phones nor force users to click on ads.
Whether they will have their place in the future will be seen. But you will be happy if you have a few of them
Similar : MIB Coin : Mobile Mining android App
MIB coin – The Best
The MIB coin we introduced before the flight is gaining momentum. Its price has not yet risen, but in the meantime new mining pools have been created, and tens of thousands of equipment and users have been mining this coin. Are you laughing at the thought of mining on mobile phones when you have a mining rig in your garage of good graphics? So read on! Why is the MIB coin interesting?
A lot of work started after the swap!
MIB (ERC20) On May 8, the token was swapped on the MIB coin, and then the real work with this cryptocurrency began. The MIB Coin team has expanded its range of production pools to include a European pool, which has begun to add masses of mining equipment. Needless to say, mining takes place directly on your mobile phone. While before SWAP itself the number of installed devices with mining application was 135 000, in August (two months after SWAP) it was up to 230 000 devices! During that time, the MIB coin has reached the Coinmarketcap as well as the Coinbene Stock Exchange, where it can be traded.
Similar : What cryptocurrency can be mined on your smartphone?
Is such a typical mining worthwhile today?
Due to the new generation of Mobile Integrated Blockchain, on which the MIB coin works, mining is highly profitable. Ideal for mining a mobile phone with Android 5.0 and above. Depending on the performance of your phone, you will be able to reward MIB coins. In 24 hours you can currently get around 5-6 MIB coins, which is based on the current price of 0, 042 €. Four cents aren’t much, but given maximum phone consumption and cheap electricity, profitability is higher than other coins in the TOP 10.
Mobile mining farm? It also exists!
In the short run of MIB Coin, this coin has acquired hundreds of thousands of users who put together an incredible mining farm. From old phones, semi-functional phones as well as motherboards. Here are a few examples. There are no limits to imagination. There is no ponzi, MLM and the like. There is no referral system or anything like that. Classic honest mining through the use of mobile CPU and Android environment. Below are examples of TOP minerals.
Similar : MIB Coin – Mining with mobile phone
Slovakia and Czech Republic join MIB coin policy!
After the establishment of the European mining pool, Czech and Slovak miners joined. A great advantage over the western countries is the price of electricity that they have in Slovakia and the Czech Republic are affordable. In Germany, the average price per kw / h is 0, 28 €. Despite this price, MIB Coin mining is profitable. For us it is around 0, 08 – 0, 14 € per kw / h. So, who is considering any mining should try the MIB coin. Buy old phones and go for it.