In the field of cryptocurrency mining, besides ASIC miners and graphics cards, many have heard about mining using mobile phones. But, with the hardware capabilities of a smartphone, is mining really feasible? Today, BITMARS brings you an insight into the feasibility, value, and risks of mobile mining.
Starting with the conclusion: Theoretically, it’s possible to use a smartphone for mining, but when it comes to generating profits, it’s nearly insignificant.
Familiar cryptocurrencies like Bitcoin, Litecoin, and XRP could, in theory, be mined on smartphones. The crucial question is: how competitive can a phone be amidst the world’s massive mining power? Take the Samsung Galaxy S23 Ultra as an example. One of the top-performing phones on the market, it features a Qualcomm SM8550-AC Snapdragon 8 Gen 2 (4 nm) chip, an octa-core CPU capable of 3.36 GHz, an Adreno 740 GPU, and offers up to 12 GB RAM and 1TB of storage, with a power consumption of around 5W. Undoubtedly, the Galaxy S23 Ultra is a performance leader among smartphones, with a hash rate of about 50H/s.
Suppose we mine Monero with both Nvidia 2080Ti and Samsung Galaxy S23 Ultra. Here’s how they compare in terms of capability (Data sampled as of March 2024):
(Mining Monero with Nvidia 2080Ti)
(Mining Monero with Samsung Galaxy S23 Ultra)
As a professional miner, you’ve probably already noticed that mobile mining is more of an “interesting thing”; it can easily heat up your phone, but it’s not likely to significantly increase your mining profits. So, why do many people still advocate for mobile mining? BITMARS believes the reasons might include, but are not limited to, the following:
- Some claim that downloading an app and buying computing power on a phone can enable mining. This activity, more accurately described as “cloud mining,” uses the phone as a purchasing tool, not a mining device. Those interested in cloud mining can refer to other articles by BITMARS for more insights.
- Using mobile mining as a pretext to lure users into downloading apps that might implant trojans on the user’s phone, posing risks to personal privacy and financial security.
- Some mobile game publishers claim that playing their games can earn game coins or points, which they refer to as “mobile mining.” However, this is different from the mobile mining discussed here.
The above information about mobile mining has been compiled by BITMARS for our miner friends. BITMARS is an internationally renowned cryptocurrency mining machine trading company serving globally. We provide comprehensive, professional, timely, and cost-effective mining machine purchasing and hosting services to maximize your profits.
