7 Benefits of Doing Mobile Mining

Doing mobile mining using Android device pose your device to break faster than it should, due to various factors such as heats generated from continous processing power used. Do at your own risk.

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Cryptocurrency mining

The word cryptocurrency mining, especially Bitcoin mining is getting more and more common and more often to hear, you may not only see or hear it on the internet, but nowadays it’s on all over the media: newspapers, magazines, news on TV, you name it.

How you can benefit for mining?

Like people who mine gold and diamonds, if they found them, they own them.

Same thing applicable for cryptocurrencies coins mining. If you put the effort to mine, what you get and find are yours.

If you see Bitcoin price today against USD, 1 Bitcoin worth more than USD4,000 today. Which means, if you put efforts to mine and eventually found one, then the Bitcoin is yours. Like gold and diamonds, you can either keep it with you hoping the value will keep increasing overtime or you can sell to the market.

What you can mine with Android?

Although mining Bitcoin seems to be the most lucrative way to go, however given the market capitalization, people who transacts and mines Bitcoin, it’s impossible for you/me/whoever else to mine Bitcoin with Android. Continue reading to know why it’s impossible to mine Bitcoin with Android.

However just because Bitcoin is out of the picture now, doesn’t mean the world is going to end for Android users. Well, luckily there are other alternatives to Bitcoin that you can still mine using Android although I, unfortunately, have to say this: it’s going to be just for fun, you won’t make any profits using Android as your rig to mine coins. Let me further explain why it will be just for fun and not profits.

Is it profitable mining using Android?

Short answer: No, for any existing more than a year-old coins. But could get some results (not yet profitable) for any new coins – given if they have the corresponding Android app for it.

Why it’s not profitable mining using Android?

Compare to desktop/laptop, Android processing power is just way too low – even the top performing Android devices today, let alone compare with GPU-heavy rigs or ASIC machines.

Here’s the mathematics why it won’t be profitable even if you don’t need to pay for electricity and get the device for free.

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