Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: Usmankhan104 on March 21, 2021, 10:20:16 PM
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Could we mine bitcoin or other cyrptocurrency on phone and it's is profitable or not to mine cyrptocurrency on phone?
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As far as I understand, you want to try Bitcoin & crypto mining on your phone. And I strongly advise against doing that.
The POW blockchain's difficulty is already very high and currently only mining farms can make profit. The mining capacity of the phone is too small, I think only a few hundred H/s, you will not earn a few dollars per month, while your phone will break down quickly.
The POS blockchains do not require great computing power but also need you to be online 24/7 & have GB to save ledger storage & stable internet connection. I don't think your phone does that.
I think you should try other ways to make a profit in this market. Mining on the phone is impossible.
I've heard about Pi Network, I don't trust it.