Bad example.
M7M is a regular POW algorithm, there's nothing mobile about it, It can be mined with any desktop, laptop, workstation or server CPU.
If anyone claims M7M is mobile only they are scammers. My previous statement stands, all mobile only mining is a scam.
M7M is a regular POW algorithm, there's nothing mobile about it, It can be mined with any desktop, laptop, workstation or server CPU.
If anyone claims M7M is mobile only they are scammers. My previous statement stands, all mobile only mining is a scam.
Did you get to read the whitepaper? Coin Magi's M7M hashing algorithm is unique where big miners get punished while the small ones get rewarded. In essence, the higher your hashrate, the lower the block reward will be. This mechanism makes it easy enough to mine XMG on mobile devices. I've tried it myself using both NeoNeonMiner and AAMiner with success. Of course, I wouldn't expect to get rich doing this. But at least, it's fun.
I would've wished Electroneum and the likes used a similar hashing algorithm instead of simulating the mining process through a mobile app. You're not actually mining ETN when using the app. Perhaps the new ORE token is the same. They're all scams. But not Magi. The original dev (Joelao) made the PoW algorithm (M7M hash) truly-unique. And with PoS on the side, you'd win both ways (mining and staking). Maybe we'll see new mobile-friendly PoW coins in the future? Only time will tell.
