Find out how to mine Bitcoin on Android [2 hour test results]
Drop that pick and get ready to mine in this digital age!
Today we will show you how to mine Bitcoin using your phone.
What's up crypto peeps? It's Eugine Pro, here to give you your daily dose of Bitcoin news. By now I'm pretty sure everyone is familiar with the concept of mining, where miners confirm transactions on the blockchain by solving complicated algorithms.
You can also watch the video we made on our channel on how mining works! People choose mining instead of buying bitcoins because they can earn it passively.
But there's a problem! The difficulty of bitcoin mining is automatically adjusted so that only 50 new bitcoins are created and every ten minutes. Therefore, the more people try to dig, the harder it becomes. This keeps the coin much more valuable.
If you want to get in on the action but don't have one of those expensive multi-GPU PCs, I have good news for you! You can still extract from your mobile.
While this won't make you rich overnight, it's still a great way to earn passive income. The first thing to know is that there is a reason why people prefer to use PCs as mining platforms and that is because smartphones don't have a high hash rate.
A hash rate is the speed at which a device can complete a cryptographic puzzle. So if you're planning on mining using your Android, you won't have much luck with an older model.
To give you a comparison, these are the popular Android models and their hash rates - now it's time to download an app to start mining. Some apps require participation in a mining pool like DroidMiner BTC
It is best to join a larger group to receive regular payments; however, you will get a smaller share of the reward. There are 2 types of swimming pools. Pay Per Action Groups (PPS), pays a fixed amount each time an action is sent from the current block.
While score-based groups pay a weighted sharing ratio based on when the share is submitted. Currently, there is no definitive list as to which is the best app to get on Android, but here are 2 easy-to-use apps.
1. MinerGate Mobile Miner.
After creating an account, the application will offer you 2 options: Mobile Mining or Buy Cloud Mining.
Mobile Mining uses your phone's system-on-chip to mine cryptocurrencies, while Cloud Mining downloads the processing to MinerGate's servers for a nominal fee.
MinerGate also allows you to customize your mining experience by allowing you to increase or decrease the number of threads, which is the number of processor cores you will use to mine coins. You can also choose between low, medium or high mining speeds. The higher the extraction rate, the more system resources are needed.
Click to download the app
2. CryptoTab Pro Browser.
You can also set the processing priority and choose whether the application can run in the background or notify you of new generated coins.
And that's it for today! But is it really worth taking cell phones out?
Currently, it is much better to use a PC, but hopefully in the future we will see some advancements in mining and powering mobile phone applications.