I'm still have a little knowledge about Bitcoin. But I’ve been curious about Bitcoin mining, is it really possible to mine Bitcoin using an Android phone?
I have seen a several apps claiming to do this, but I am not sure how legit or profitable they are. I really appreciate any honest insights or advice from you guys. Thanks in advance.
Bitcoin mining industry has gone through long history with many developments and changes from CPU, GPU, FPGA and AISC mining. Nowadays, times for CPU mining and GPU mining no longer exist so it's unrealistic to mine Bitcoin with Android phone.
Bitcoin mining history.If you see offers from mining applications on Android phones or any mobile devices, you must pay attention and assess whether it is like Ponzi offers. Also stay away from Cloud mining offers that are certainly scam.
Cloud mining - Ponzi risk assessment.