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Is it profitable to mine bitcoin on your mobile device?

avatarErnesto Garcés GinerDec 26, 2021 · 3 years ago3 answers

Can you make a profit by mining bitcoin on your mobile device? Is it worth the effort and resources to mine bitcoin using a smartphone or tablet?

Is it profitable to mine bitcoin on your mobile device?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Mining bitcoin on a mobile device can be done, but it's not profitable. The computational power of mobile devices is significantly lower compared to specialized mining hardware such as ASICs. Additionally, mining bitcoin requires a significant amount of energy, which can drain the battery of a mobile device quickly. Therefore, it's not recommended to mine bitcoin on your mobile device if you're looking to make a profit.
  • avatarDec 26, 2021 · 3 years ago
    No, mining bitcoin on a mobile device is not profitable. The mining difficulty of bitcoin has increased significantly over the years, making it nearly impossible to mine bitcoin using a smartphone or tablet. It's more cost-effective to invest in dedicated mining hardware if you're serious about mining bitcoin.
  • avatarDec 26, 2021 · 3 years ago
    While it's technically possible to mine bitcoin on a mobile device, it's not a profitable endeavor. The energy consumption and computational power required to mine bitcoin far exceed what a mobile device can provide. It's more practical to mine other cryptocurrencies that are designed to be mined on mobile devices, such as Monero or Electroneum.