Is mobile mining trustworthy? Is mobile computing power high enough to mine?

Is mobile mining trustworthy? Is mobile computing power high enough to mine?

Many people have heard of mobile mine more or less. But in the end can you make money, is it a trap or an outlet? Is it possible to mine cryptocurrencies on mobile?

What is mobile mine？

In the literal sense,mobile mine is the creation of cryptocurrencies using just a smartphone whereas traditionally it requires elaborate setups of Graphics Processing Units (GPUs) and Application-Specific Integrated Circuits (ASICs) that consume a lot of power.

Is mobile mine trustworthy?

However, since the mining equipment needs more storage space for the storage of the ledger, and the mobile needs to use more space: while satisfying the ledger, the space for using the software is reserved.

Therefore, the generally low storage space of mobile is not suitable for any mining system. Before solving the hardware storage problems of mobile, network stability and transmission problems, mobile mine is impossible.

What is Hash Power？

Hash Power is to sub-lease the computing power of mining machines to users according to the smallest unit!Mobile mine mainly refers to Hash Power mining, not that real mobile can mine.

It just means that miners do not need to buy mining rigs, which is equivalent to renting Bitcoin mining machines for Hash Power platforms. Miners only need to use their mobile to Hash Power,to realize mobile mine.

What are the benefits of Hash Power mining?

For Hash Power providers, this is equivalent to locking in profits in advance and transferring risks; for miners, it eliminates the trouble of mining machine settings, mining noise, etc. caused by their own mining, and can save money To pay electricity bills, maintenance costs and other tedious steps.

That is to say, if the platform for mobile mine has a physical mine, then this kind of mobile mine is still guaranteed.For example, platforms such as LLGO have self-built mining farms, and provide mining services such as mining machine leasing and mining machine co-leasing at cheap electricity rates. Even if you don’t know how to mine cryptocurrencies, you can easily participate in mining.