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    APE avoids broader market weakness

    Here’s Why Apecoin (APE) Price Is Skyrocketing Today

    ETH Whales Add Over $24 Million Worth Of Sandbox (SAND) Token

    The Sandbox Token (SAND) Eyes $1 On This Bullish Signal

    Uniswap Labs Acquires NFT Startup Genie

    Uniswap Labs Acquires NFT Startup Genie

    Zuckerberg Confirms Instagram And Facebook Will Display NFTs Soon

    Zuckerberg Confirms Instagram And Facebook Will Display NFTs Soon

    eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

    eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

    NFT Collection Doodles Sees 400% Spike In Volumes On This

    NFT Collection Doodles Sees 400% Spike In Volumes On This

    MoonPay Launches NFT Platform In Universal Studios, Fox Partnership

    MoonPay Launches NFT Platform In Universal Studios, Fox Partnership

    Economic Fail Or Key To A Creative Future?

    Economic Fail Or Key To A Creative Future?

    BAYC Collaborates With Rolling Stone For Limited Edition NFTs

    BAYC Collaborates With Rolling Stone For Limited Edition NFTs

  • Metaverse
    Demystifying Metaverse Competition - NFT News Today

    Demystifying Metaverse Competition

    The Go-To Marketplace For All Things Metaverse

    The Go-To Marketplace For All Things Metaverse

    As Otherside Land Value Drops, Yuga Labs Face Giant Tax Obligation

    As Otherside Land Value Drops, Yuga Labs Face Giant Tax Obligation

    The Web 3 LAND Sale

    The Web 3 LAND Sale

    Disney Metaverse

    Disney Hires Former Apple Executive to Head Metaverse Creative Strategy

    CyberKongZ and The Sandbox Team Up For VoxEdit Contest

    CyberKongZ and The Sandbox Team Up For VoxEdit Contest

    Man wearing smart glasses touching a virtual screen to access the metaverse

    How The Metaverse Can Change Mental Health For The Better

    Jamiroquai Partners With The Sandbox To Bring Funk To The Metaverse

    Jamiroquai Partners With The Sandbox To Bring Funk To The Metaverse

    3iQ Corp Opens a Virtual HQ in the Voxels Metaverse

    3iQ Corp Opens a Virtual HQ in the Voxels Metaverse

  • Analysis
    Ethereum

    Ethereum Turns Red, Why ETH Must Hold This Key Support

    bitcoin bollinger bands

    Bitcoin Monthly Tags Lower Bollinger Band, Tool’s Creator Hints At Bottom

    Bitcoin

    Bitcoin Dips Could Be Limited, Why 100 SMA Is The Key

    Ethereum

    Ethereum Bulls In Control, Why ETH Could Clear $1,300

    Bitcoin

    Bitcoin Price Eyes Upside Break, Why BTC Could Surge to $23K

    bitcoin google

    Is Bitcoin Like Buying Google Early? The Shocking Comparison

    Harmony's Cross-Chain Bridge Exploited for $100M

    Harmony’s Cross-Chain Bridge Exploited for $100M

    Ethereum Key Indicators Suggest Strengthening Case For More Upsides

    Ethereum Key Indicators Suggest Strengthening Case For More Upsides

    Bitcoin Struggles to Rebound as Miner Capitulation Continues 

    Bitcoin Struggles to Rebound as Miner Capitulation Continues 

  • Learn About Crypto
    Overbought vs. Oversold Signals

    Overbought vs. Oversold Signals

    What Is a Decentralized Exchange (DEX)?

    What Is a Decentralized Exchange (DEX)?

    What Is Ethereum 2.0 (The Merge)?

    What Is Ethereum 2.0 (The Merge)?

    Breaking: ExxonMobil is Mining Bitcoin With Natural gas

    Iran Cuts Power Supply To Crypto Mines;

    What Is Crypto Lending

    What Is Crypto Lending

    How to Survive a (Crypto) Bear Market

    How to Survive a (Crypto) Bear Market

    Top 6 Crypto Events for June 2022 – Coingape

    What Is A Bull Flag Pattern and How to Use It

    What Is A Bull Flag Pattern and How to Use It

    A Beginner’s Guide To Reversal Candlestick Patterns

    A Beginner’s Guide To Reversal Candlestick Patterns

  • Regulation
    Celsius denies allegations on Alex Mashinsky trying to flee US

    Celsius denies allegations on Alex Mashinsky trying to flee US

    France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”

    France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”

    Community reacts after SEC’s Gensler affirms BTC’s commodity status

    Community reacts after SEC’s Gensler affirms BTC’s commodity status

    Ripple CEO Brad Garlinghouse Says Company Will Leave US if SEC Wins Lawsuit: Report

    Ripple CEO Brad Garlinghouse Says Company Will Leave US if SEC Wins Lawsuit: Report

    Central African Republic president launches crypto initiative following Bitcoin adoption

    Central African Republic president launches crypto initiative following Bitcoin adoption

    Educating regulators will help to mitigate risks, says Figment exec

    Educating regulators will help to mitigate risks, says Figment exec

    Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

    Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

    China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

    China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’

    Catalonia is building its own metaverse, says innovation minister

    Catalonia is building its own metaverse, says innovation minister

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Home Altcoins

GreenHashes makes crypto mining easy on phone for everyone

February 24, 2022
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GreenHashes makes crypto mining easy on phone for everyone
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Mining on the phone is one of the ways to mine cryptocurrencies, which involves the use of special software and the use of the power of a mobile device. It differs for availability, a large selection of applications, and small investments. Among the shortcomings, perhaps the main can be considered limited opportunities, a small profit, and impressive wear and tear of the device. 

The number of applications that offer to mine cryptocurrency on phones is increasing because of the growing popularity of cryptocurrencies. In 2022 you can find about 200 programs focused on mining using a smartphone. The vast majority of such software is an empty shell. Such apps only advertise this type of income, promote paid services or collect confidential data. 

It is possible to mine on both Android and iPhone. Unlike the Google Play store, where not the “cleanest” applications “leak” in, in the App Store the situation is much stricter. Here, the probability of downloading such programs is minimal, and the software associated with the mining of cryptocurrencies is immediately removed. Many enthusiasts started creating bitcoin games to circumvent the ban: the user mines cryptocurrency by playing games. However, this is more entertainment than serious mining. 

In contrast to classical mining, which requires powerful equipment (ASIC miners or GPUs), cryptocurrency mining on a phone has several features: 

In most cases, work is carried out in pools, because solo mining is not effective (tiny device power). Android devices are preferable in terms of profitability. Cryptocurrency mining on a smartphone is more training than a way to earn money. It requires devices with high performance and capacity. Crypto mining on a smartphone entails many problems associated with the need for constant battery charging and a high probability of breakdowns. 

Mining on the phone is more fun than a real way to earn money. The amount of profit is limited by the capabilities of the smartphone, and real income rarely exceeds $5-10 per month. Many applications are not designed for real profit at all. They are marketed as miner programs, but they are just games. If you are interested in real earnings, it does not make sense to waste time on this. Thus, at the current Bitcoin rate, the current mining profitability on the new iPhone 13 is approximately $0.70 per day (excluding electricity fees and battery wear). On the other hand, just 7 years of mining – and you will fully pay for your iPhone 13. 

Reviews about mining on the phone are mostly negative. Smartphone owners complain about low income, high “minimum withdrawal threshold”, constant overheating of mobile devices, and fast battery drain. Positive reviews, as a rule, are left by the developers themselves or by copywriters. 

Does it mean that having only a phone is impossible to mine cryptocurrency? No. Nowadays, big companies are renting their mining power to everyone – this is called “Cloud Mining”: large, industrial miners rent out part of their equipment online to everyone using special programs. You buy a contract on the company’s website: just choose the amount of leased capacity, expiration date, and referral level. 

One of the leading representatives of cloud mining is GreenHashes: mining experts have joined forces to create a new generation of mining farms using renewable energy sources. Thus, the profitability of this type of mining is approaching the maximum level. The user shares part of his profit with the company, which is included in the contract price. Users need

only to choose the appropriate option for them because this type of mining is for everyone, whether you are a beginner or a professional, it is not important in cloud mining. The main thing to understand is that here you should not expect “get rich quick”. However, if you are serious about this business, then it is an excellent choice for a passive income. 

All you need is to visit their site and choose a mining contract that fits perfectly your preferences. In case of any questions about the service or suggestions, write to [email protected] and support specialists will not only answer all the questions but also guide the new joiners in the world of eco-mining. To keep abreast of the latest news about mining and cryptocurrencies, you can join the official GreenHashes telegram channel and subscribe to the company’s social networks, where you can find a lot of useful information on investments and eco-friendly mining.

Disclaimer: This is a paid post and should not be treated as news/advice.

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Tags: CryptoeasyGreenHashesminingphone
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