Post
Topic
Board Bitcoin Discussion
Re: Bit mining?
by
BrianBrianBrian
on 25/01/2018, 07:48:04 UTC
Hey guys, I just encounter a bit mining app in playstore and tried using it.
Seems legit, what are your thoughts?
the app's name is BTC Mining and Bitcoin Farm.
Is it reliable to use bit mining apps, specially this two above?

This topic has been discussed numerous times... No, you cannot mine BTC using a cellphone.

Just in case you don't believe me, i've created an auto-updated script that basically proofs how much you'd lose in power bills if you even attempted mining using your cellphone's CPU:
https://www.mocacinno.com/nonspecialisedmininghardware.php
On this page, look at the line calculating the "profits" for mining with a cortex A9 (a cellphone CPU), if you pay 0 cents/Kwu for your power, you'll make a whopping 2 satoshi's per year (mining 24/7). I'm firmly against using faucets, but compared to cellphone mining, faucets are great, they give you a revenue of 50-100 satoshi's for 3 minutes of work, you'd have to mine many years to mine an equal amount with your cellphone.

This script does not take into account you'll probably overheat your cellphone, breaking it, or damaging your battery.

Wait now Im confused,
I think this app is more of a faucet type?
Cause I am earning 1 satoshi/min and If I pay 400 satoshis its boosted to 20 satoshis/min in an hour.
So is it a faucet or mining? Kinda confusing to me, sorry.