Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.
One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away
I think Samsung has already started mining with some of their old mobile phones, sort of doing re-cycling. But I don't know what much hash power it can produced though or it is profitable or not. They are just doing some experience to recycle old phones or course to become environment friendly. Monero has been breaking grounds with its browsing mining which turns out to be profitable. But mining with mobile phone, I haven't seen any reports yet.
EDIT: Here's the link:
https://bitcointalk.org/index.php?topic=2331426.0That's really good. And to me it seems positive if they allow to update a lighter version of software that is optimised for mining, it may turn out good for mining some altcoins.