Cryptocurrency Q&A
Can you make money mining Bitcoin on your phone?
Can you make money mining Bitcoin on your phone?
Raffaele
Wed Dec 18 2024
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I'm wondering if it's possible to earn money by mining Bitcoin using just my smartphone. I've heard about cryptocurrency mining, but I'm not sure if it can be done on a mobile device.
5 answers
CryptoTitan
Fri Dec 20 2024
The answer is yes, you technically can mine Bitcoin on a phone. However, this method is far from efficient.
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EnchantedSeeker
Fri Dec 20 2024
Mobile phones lack the computing power necessary to compete with dedicated mining rigs. These rigs are specifically designed for mining and possess much greater hashing power.
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Pietro
Fri Dec 20 2024
As a result, the rewards you would receive from mining Bitcoin on a phone would be negligible. It would take an immense amount of time and energy to earn a significant amount of Bitcoin through this method.
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CryptoAlchemy
Fri Dec 20 2024
The question of whether you can mine Bitcoin on a phone often arises among those interested in cryptocurrency.
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Andrea
Fri Dec 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that make mining and trading cryptocurrency more accessible. Their services include spot trading, futures trading, and a wallet for storing digital assets.
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