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Effective methods of cryptocurrency mining using a smartphone
What is phone mining
Cryptocurrency mining on a phone is the process of extracting digital assets using the computational power of mobile devices. Unlike traditional mining, which requires specialized equipment (ASIC miners), mobile mining allows participation in the cryptocurrency ecosystem using a device that is always at hand.
Technical Features of Mobile Mining
Smartphones have limited computational power compared to professional mining rigs. A modern phone has a hash rate that is hundreds of times lower than specialized equipment. That is why special approaches are used for mobile mining:
Popular Solutions for Mobile Mining
Among the time-tested applications for mining on smartphones are:
Phoneum (PHT) - cloud mining of tokens through a mobile application. The system does not overload the phone's hardware, as the main work is performed on remote servers.
CellHasher - an innovative solution that allows smartphones to be used as elements of a mining farm with more efficient energy consumption compared to traditional setups.
Advantages and Disadvantages of Mobile Mining
Advantages:
Disadvantages:
Mining on a phone can be a great starting point for beginners in the crypto industry, allowing them to get acquainted with the process of mining digital assets without significant financial investments.