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Sunday, January 19, 2020

Bitcoin Mining with Smartphones. Advantages Disadvantages.

Economic history is changing, it's not easy. People who want to own Bitcoin somehow can also apply to mining roads.

Processor units, which are the backbone of information technology, are very important for cryptocurrency mining.
  More and more information is processed day by day, and as the amount of information increases, the demanded processor power increases.
  We can explain this in the simplest way, with the example of not playing today's games on the latest model computer from 10 years ago. Because the requested processor power is high.

Bitcoin mining is generally the choice of people who cannot invest due to their high prices and want to make their own production. However, for this mining system, you need to purchase high-speed processors by investing a minimum of 15 thousand TL.
Of course, this is a big expense. For this reason, everyone is eager to work and eager to use the processors of existing electronic devices for mining.

Yes, there are dozens of different mining sites that use your computers' processors and can be accessed via browsers. These sites are starting to process information to generate cryptocurrencies with the support of your processor power. It sends crypto money to your digital wallet at the rate of power you provide.
 But if your processors are not fast - all the systems produced for personal use are insufficient - you are getting tired of your processor in vain.

Similar systems have become widespread for smartphones and contain numerous fraud tricks. For example, there is an iOS supported mining application called MobileMiner installed on iPhone X.

In addition, applications that demand such loaded computing power running in the background bring your phone to high temperatures. It should be noted that existing mining systems have water-cooled engines, and even the simplest hardware doubles your electricity bill.
  But you wanted to do this with your iPhone X after you wanted to do this because of the material. As a result, you have taken the facts and prepared everything. So how much will you earn?

With the iPhone X, which mines only 8 hours a night for a month, this figure hardly reaches $ 13. After a month, it's an iPhone X phone that has become garbage and it's $ 13.

The decision is yours.