Is it possible to mine bitcoin on a mobile phone and make a profit?

3 answers

• Rufino SalgadoJun 20, 2020 · 5 years ago
  Well, technically speaking, it is possible to mine bitcoin on a mobile phone. However, let me be clear: mining bitcoin on a mobile phone is not profitable at all. The processing power of a mobile phone is simply not enough to compete with the specialized mining rigs and powerful hardware used by professional miners. You would spend more on electricity and wear out your phone faster than you could ever earn in bitcoin. So, it's safe to say that mining bitcoin on a mobile phone is not a viable option for making a profit.
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• Sagar MadankarDec 25, 2022 · 3 years ago
  Haha, mining bitcoin on a mobile phone and making a profit? That's like trying to swim upstream with a rubber duck. Sure, you can technically do it, but it's not going to get you very far. The reality is that mining bitcoin requires a lot of computational power, and mobile phones just don't cut it. If you're serious about mining bitcoin and making a profit, you'll need to invest in some serious hardware and join a mining pool. So, put that phone back in your pocket and start looking for a more realistic way to make money with bitcoin.
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• Buch SmedSep 16, 2022 · 3 years ago
  While it is technically possible to mine bitcoin on a mobile phone, it's not something I would recommend if you're looking to make a profit. The processing power of a mobile phone is simply not sufficient to compete with the specialized mining rigs and ASICs (Application-Specific Integrated Circuits) used by professional miners. If you're serious about mining bitcoin, it's best to invest in dedicated mining hardware. At BYDFi, we offer a range of mining products and services that can help you maximize your mining profitability. Feel free to check us out if you're interested!
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