Can phone Mining really make money? After trying 5 apps, I found...

First, the conclusion: Mobile Mining does not lose money, but don't expect to get rich.

Last year I downloaded 5 popular Mining Apps like CryptoTab, StormGain, NiceHash, etc. After a month of testing, the average daily output per device was less than 1 yuan. But the interesting part about this matter is —

The Most Reliable Mobile Mining Solutions for 2024

1. CryptoTab — The oldest and also the one with the lowest entry barrier. You can start Mining as soon as you install it, and you can invite friends to earn a share. The downside is that the output is slow, making it suitable for lazy people looking to kill time.

2. StormGain — A typical representative of cloud Mining. Gain computing power by completing small tasks, user-friendly interface, and secure coin storage. However, it needs to be restarted every 4 hours, which is easy to forget.

3. NiceHash — More professional-oriented, comes with a profit calculator, the strongest security (supports 2FA). Suitable for those who want to take mining seriously.

4. Bitdeer — The most comprehensive functionality, supports multi-currency Mining, with different investment tiers. The first choice for experienced miners, but requires a certain investment cost.

Key Questions and Answers

Can an iPhone mine? Yes, but it can only use cloud mining. The hardware limitations of Apple + App Store policies make direct mining basically impossible.

Can you mine 1 BTC in a month? Don't even think about it. The computing power of a mobile phone is too poor, and it takes an average of 10 minutes to “theoretically” generate the value of 1 BTC—but in reality, your phone can’t reach this computing power at all. So to recoup your investment quickly, you'll need to rely on cloud mining or maintaining a mining farm.

What is the best coin to mine now? According to community feedback, XMR (Monero), DOGE, VTC, and RVN are relatively friendly. But the key factor still depends on your local electricity costs – the cheaper the electricity, the more worthwhile it is to mine any coin.

My True Opinion

Mobile Mining is not a scam, but it is also not a get-rich-quick tool. It is more like a low-risk passive income experiment—using idle phones to earn some pocket money. Suitable for:

• Areas with low electricity costs (southern regions, rural areas)
• A novice wanting to experience blockchain
• People who have multiple old phones

Unsuitable Scenarios:

• High electricity costs (northern, urban)
• Pursuing high returns
• Mobile phones are prone to overheating (short lifespan)

The most important thing is not to be misled by exaggerated promotions; do your homework before diving in. Some have made pocket money from this, while others have lost money on electricity bills — the difference lies in this step.

Have you tried mobile Mining? See you in the comments below.