Mining Bitcoin or crypto generally requires a computer to utilize its high-powered hardware and software to solve complex mathematical equations.
The result of this equation is an encrypted string, which represents a coin or token, which miners can then sell for fiat currency, such as the US dollar.
Mining cryptocurrencies is an expensive endeavor as it requires a powerful engine with a special chipset which makes the process more efficient. As smartphones become more powerful over time, they can mine cryptocurrencies using their processors instead of the graphics processing unit (GPU).
Can crypto mining be successful using a cellphone?
Mining cryptocurrency is a process that uses a computer processor to solve complex mathematical equations. The more equations you solve, the more coins are mined. Mining can be done with just a laptop or desktop computer, but it requires a lot of processing power and generates significant heat.
This makes mining on mobile devices impractical as they are not as powerful and have less cooling capacity than laptops and desktops. However, there are apps for Android users that turn your phone into a miner.
Mining Apps
Crypto mining apps are made for android with the aim of enabling people to mine crypto without having to buy expensive equipment. This app allows you to join a pool, which is a group of miners who combine their computing power and share any rewards they get from mining.
Some of the apps that can be found on the Google Play store are MinerGate and Bitcoin Miner. The app requires you to register an account on their website before downloading the app to your phone.
Reported from Dailycal, Saturday (12/1/2022) here's how to mine cryptocurrency on your smartphone using the available applications
MinerGate
MinerGate Mobile Miner is a mobile application that allows users to mine cryptocurrencies on their mobile phones. The app promises increased performance and lower power consumption through the use of dedicated hardware chips found in the latest smartphones.
MinerGate has become one of the top mining pools for Bitcoin with more than 2 million active miners from all over the world.
Bitcoin Miner
Bitcoin Miner is an app that lets you make money mining Bitcoins on your Android phone. It is one of the first mining apps available and can help you mine along with your daily activities without sacrificing performance.
This app is available for download from Google Play Store and once installed, it will generate revenue while it is in the background of your phone.
Bitcoin miners work with two different types of mining pools: PPLNS (last pay per share) or SMPPS (maximum co-pay per share). You can choose which type and can change it at any time
The amount you earn depends on how often your device is actively mining bitcoins.
AA Miner
This application is perfect for those of you who don't like Bitcoin applications that advertise. AA Miner is a mining application that does not have ads or offers to buy in-app features or also known as In-App Purchase.
In addition to Bitcoin, the AA Miner program supports more than 50 other cryptocurrencies, as well as supports the CryptoNight mining algorithm.
Mining cryptocurrency on a smartphone can be an easy way to earn money. You don't need the expensive equipment behind the mining to work. All you need is your powerful enough phone and some free apps available on the Google Play Store.