Remember the Bitcoin Craze? Well it’s certainly far from over and is still raging like wildfire. Ever since the popularity of Bitcoin has skyrocketed in past 3-4 years, developers everywhere are researching to find various alternatives to mine cryptocurrencies. Just when most people think of mining, the first thought cross their minds is stack full of lined up graphics cards (GPU), expensive hardware etc.
Mining Bitcoins and other cryptocurrencies sound very profitable, but at the same time it calls for considerable investments and requires huge electricity & power. However, experts have found a cheaper alternative- Cell Phone Crypto Mining!
What is Mobile Crypto Mining?
The general notion about beginning with mining is buying expensive hardware, mining rig, graphics cards, and solve extensive mathematical calculations to earn Bitcoins. But no worries, it doesn’t always have to be this way. Nowadays everything can be done right on your phone, simply download a Bitcoin Mining app that does everything for you.
Mining apps are simple applications that offer digital currency mining through your mobile. These apps are an advanced and convenient way to use your phone’s processor to execute mining.
Some of The Best Miner Android are:
An all-rounder app among the pool of Best Bitcoin Miners. MinerGate allows users to mine multiple cryptocurrencies including Bitcoin, Zcash, Litecoin, Ethereum, Bitcoin Gold, FantomCoin, Dash Coin, Monero etc. Compatible with Android, iOS and Google OS as well.
Comes with modern and stylish user-interface, EasyMiner shows regular Bitcoin price fluctuations in easy-to-understand graphics chart and also displays network hashing rates.
DroidMiner is a pretty barebones app that allows Bitcoin mining in various pools. Each user can join the mining pool at one place and split profits accordingly.
The app is very much compatible with low-power gadget, and it doesn’t even heat the battery much.
These four are the best bitcoin miners that are ruling the current cell phone crypto mining market. Apart from these, you can try using Crypto Miner, AA Miner, Pocket Miner etc.
Things Required to Start Cryptocurrency Mining On Phone
These are few things that you require before starting with Bitcoin Mining on Android Phone.
- An Android device with cutting-edge capabilities that’ll be able to pull mining off. (Moreover, it is suggested to use spare smartphones to conduct mining, as the process can consequently slow down your Android phones!)
- Fast Internet Connectivity & Power.
- A Bitcoin Wallet that will store your earnings.
- And, any of the Bitcoin Mining Apps mentioned above.
Before you take further decisions, you should know that the process will probably take few days before you can earn a single Bitcoin.
How To: Bitcoin Mining on Android Phone
To describe how Bitcoin Mining works in smartphones, we are using the leader of Bitcoin Miner Android- MinerGate. The app gives forth truly what you would presume from its name, MinerGate – which means multiple cryptocurrency mining.
Start Earning Bitcoins In One Touch!
Step 1- Install MinerGate application, make sure you have a compatible device with at least Android 4.1 (Jelly bean) and have space around 30 MB.
Note: Due to some recent changes in Google Play Development policies, the app is not available on Play Store, but you can still download .apk file from its official website.
Step 2- Sign up to create MinerGate account, enter necessary fields and strong password to encrypt your Android device.
Step 3- After signing up, MinerGate will ask you to create a four-digit passcode. You have to remember this passcode for future transfers and withdrawals.
Step 4- Now you will be taken to the Home Screen, where you can start mining easily straight from your mobile phone.
Step 5- Now comes the main step, go to Settings tab, and select “thread count” option. Choose carefully how much phone’s processing power you would like to allocate for mining.
Step 6- After allocating the battery power, choose the cryptocurrency you intend to mine. And hit ‘Start’ button. Patiently wait for the app to start mining process!
Additionally, the app offers a built-in calculator, that allows you to measure how much profit you can make from mining. Use it wisely and then perform further actions!
Is Bitcoin Mining on Android Phone Worth Your Time?
Cell Phone crypto mining is a frivolous occupation and extracting bitcoins through smartphone has more flaws than using a PC. It can be a very inefficient process due to weak smartphone CPU, GPU and overheating & throttling of processors can happen very quickly.
Despite cell phone mining being cost-effective, we will likely to see some advancements in mobile computing power & functionalities of Bitcoin Mining apps.
In case you do want to skip mining process and just earn Bitcoins freely, then you can do so by relying on Bitcoin Faucets.