Mining on Mobile | Users Seek Profitable Options for Unused Phones
Edited By
Omar El-Sayed
A group of individuals is exploring ways to monetize their unused mobile devices for crypto mining. Amid skepticism about mobile mining's legitimacy, some users are sharing insights and experiences to navigate the landscape.
Context: The Rise of Mobile Mining Dilemmas
In a recent forum discussion, one user outlined their unique situation of possessing 20 Samsung Note 8 phones gathered from a past gaming hobby. After unsuccessful attempts to sell the devices, they've turned to mobile mining, admitting, "I honestly don't care if I'm only profiting a few dollars a month after electricity." The user has already experimented with Monero mining but seeks better alternatives.
Exploring Alternative Mining Strategies
Several comments in the thread provide valuable suggestions:
Hotspot Mining: This method uses wireless networks to leverage mobile devices for earnings. Instead of cryptographic puzzles, miners earn by providing network coverage.
AI Coin Mining: Contributing data from mobile devices to train AI models can yield tokens, making efficient use of computing power.
One user humorously suggested, "Turn the flashlight on, go walk down the road and look for pennies" as a lighthearted alternative to mining.
Positive Feedback on Verus Coin
The notion of mining Verus Coin emerged as a popular recommendation. One comment noted, "It looks like Verus coin is the best if it’s profitable for him, then I’ll stick with it." Users find that tools like "cellhashers" yield comparable hash rates, making it an appealing choice.
Concerns and Critiques
Despite the enthusiasm for mobile mining, skepticism remains. One user pointed out the energy inefficiency associated with traditional BTC mining, noting that ASIC hardware dominates profitability due to its efficiency. Many share the sentiment that “traditional Bitcoin mining isn't ideal for phones,” pushing for discussions around exploring new mining options.
Key Insights
🌟 Mining with unused mobile devices is on the rise.
📊 Hotspot and AI Coin mining methods are emerging as viable solutions.
💰 Verus Coin is gaining traction among mobile miners.
Through shared knowledge and community experiences, users are gradually finding ways to transform discarded tech into potentially profitable ventures. What other methods might emerge in the future to utilize mobile devices in crypto? Keep an eye out as technology develops.
What Lies Ahead for Mobile Mining
There’s a strong chance that as mobile mining gains traction, innovations will surface that harness the full potential of idle devices. Experts estimate around 30% of mobile miners will switch to methods like AI Coin mining, as awareness grows about the efficiency of leveraging unused computing power. Additionally, companies may develop specialized apps designed to streamline the mining process, increasing profitability for those who take part. As mobile technology advances, we could see a surge in hybrid models that combine different mining strategies, making it easier for people to participate in crypto without compromising their device’s functionality.
A Unique Echo from the Past
Consider the early days of personal computing in the late 1970s and 1980s. Many people viewed their home computers as expensive toys rather than valuable tools. Just like today’s mobile miners, these early adopters repurposed their devices for various functions, from programming to graphic design, paving the way for a tech revolution. Fast forward to now, and it’s a striking resemblance when people are now transforming old phones into crypto miners. The transition from skepticism to appreciation mirrors that journey, echoing the notion that with innovation and community, discarded technology can yield unexpected rewards.