By now, we are pretty sure you are familiar with the concept of mining, wherein miners confirm transactions on the blockchain by solving complicated algorithms. There are several ways to get Bitcoin, such as buying, trading, or mining. The mining is usually done through powerful PCs, but in this article, we will explain ‘’How to Mine Bitcoin (Crytpo) on Android?’’
People opt to go for mining rather than buying Bitcoins or other cryptocurrencies because you can earn them passively. The difficulty of Bitcoin mining automatically adjusts, so that only 50 new Bitcoins are created every ten minutes, so the more people try to mine, the harder it gets. This keeps the cryptocurrency valuable.
How to Mine Bitcoin (Crytpo) on Android?
If you want to get in on the action, but do not have one of those expensive PCs with multiple GPUs, you can still mine on your mobile phone. Although this will not make you rich overnight, it is still an awesome way to earn a passive income.
The first thing you need to know is that there is a reason why people prefer to use PCs as mining rigs, and that is because smartphones do not have a high hash rate. A hash rate is a speed at which a device’s AI can complete a cryptographic puzzle. So, if you plan to mine using your Android, you will not have much luck with an old model.
Popular Android Smartphones for Bitcoin Mining
Huawei Mate 40 Pro, and Samsung Galaxy S22 has 50 H/s, and Google Pixel 6 Pro has 40 H/s. These phones are a little bit pricey, but a 40-50 hash rate will be efficient for mining.
Download the App
Some mining apps will require you to join a mining pool. It is best to join a bigger pool to get regular payments, but keep in mind that you will get a smaller cut of the reward.
There are two types of pools, pay-per-share pools (PPS), which pay a fixed amount every time a share of the current block is submitted. Score-based pools pay a proportion of shares by the time the share is submitted. Currently, there is not a definitive list on what is the best app to get on Android but there are 2 apps that are user-friendly.
MinerGate Mobile Miner
This app is one of the few mining apps that has a built-in wallet for storing your coins. It also has cool features like chatrooms for miners, and a crypto price checking tool. After creating a MinerGate account, the app will give you 2 options; Buy Cloud or Mobile Mining.
Mobile Mining uses your Android smartphone’s system-on-chip to mine any cryptocurrency, but Cloud Mining offloads the processing to MinerGate’s servers just for a nominal fee.
MinerGate also enables you to customize your mining experience by allowing you to increase or decrease your thread count, which is the number of processor cores it will use to mine coins. You can even choose between mining speeds of the low, medium, or high. When the mining speed is high, the system requires more resources. You can download the MinerGate app here.
This app is much simpler than MinerGate, but it supports way more cryptocurrencies such as Litecoin. Once you enter your mining pool credentials and select an algorithm from the drop-down menu, you are free to specify the number of processor threads dedicated to the app’s decryption routine.
You can also set the processing priority, and choose whether the app is allowed to run in the background or alert you of newly generated coins. You can download the Coin X here.
Is Bitcoin Mining on Android Worth it?
Currently, you are much better off using a PC, but hopefully, in the future, we will see some advancements in mobile computing power and mining apps.