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Electroneum Mobile Miner is live

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  • 05-03-2018 4:54pm
    #1
    meep
    Registered Users Posts: 1,290 ✭✭✭


    Electroneum finally launched their mobile miner today.

    Now, users of their android app can 'mine' ETN with the promise of 'a few US dollars of ETN value per month by running the app in the background'

    It's not real mining - they just benchmark your device and simulate the mining experience.

    For example, my 2016 Sony Xperia XZ is chugging awy at 17 H/s. People with fancier phones are reporting 40 H/s.

    It's not clear how those rates relate to actual mining and it remains to be seen how long t takes to generate any actual coins but as a move to bring mining to the masses, it's an intereting one.

    Good news is, because it's simulated, it doesn't hog battery or data and won't overheat your phone.


«1

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    #2
    messinkiapina
    Registered Users Posts: 2,158 ✭✭✭messinkiapina


    meep wrote: »
    Electroneum finally launched their mobile miner today.

    Now, users of their android app can 'mine' ETN with the promise of 'a few US dollars of ETN value per month by running the app in the background'

    It's not real mining - they just benchmark your device and simulate the mining experience.

    For example, my 2016 Sony Xperia XZ is chugging awy at 17 H/s. People with fancier phones are reporting 40 H/s.

    It's not clear how those rates relate to actual mining and it remains to be seen how long t takes to generate any actual coins but as a move to bring mining to the masses, it's an intereting one.

    Good news is, because it's simulated, it doesn't hog battery or data and won't overheat your phone.

    Interesting. Do u have a link to where it can be downloaded?


  • Options
    #3
    meep
    Registered Users Posts: 1,290 ✭✭✭meep


    In the Android Play Store or Apple App Store. Search 'Electroneum'

    (though mining is only available on Android right now - they're trying to get it approved by Apple at the moment).


  • Options
    #4
    lifeandtimes
    Closed Accounts Posts: 2,021 ✭✭✭lifeandtimes


    Downloaded it earlier.

    Currently at 0.1 etn


  • Options
    #5
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    I installed it. Getting 35 h/s

    Can you install it on a load of old phones without having different phone numbers.


  • Options
    #6
    unkel
    Registered Users Posts: 64,764 ✭✭✭✭unkel


    BrokenArrows wrote: »
    I installed it. Getting 35 h/s

    Nice phone, what is it? :)

    It will make you about €0.04 per day :D


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    #7
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    unkel wrote: »
    Nice phone, what is it? :)

    It will make you about €0.04 per day :D

    One Plus 5t. 4c im loaded. Depends on whether it kills my battery or not. If I don't notice it then I'll leave it running. 4c now, 4000000 in moon cents. Lol


  • Options
    #8
    meep
    Registered Users Posts: 1,290 ✭✭✭meep


    I’d say there’s scope to flash a custom bios and adjust memory timings to really boost the hash rate.

    Problem is, if this catches on, wait til you see the prices of newer, more powerful handsets.

    Oh, wait!


  • Options
    #9
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    This is a great way to brick your phone, and all for a couple of cents/day
    it makes no economic sense.


  • Options
    #10
    unkel
    Registered Users Posts: 64,764 ✭✭✭✭unkel


    It's not really mining, Shauny2010.

    And remember, BTC mining was also worth barely a few cents/day. The people who mined than and sold in recent times are all millionaires :p


  • Options
    #11
    meep
    Registered Users Posts: 1,290 ✭✭✭meep


    Shauny2010 wrote: »
    This is a great way to brick your phone, and all for a couple of cents/day
    it makes no economic sense.

    It’s just a harmless app and at the end of the day, just marketing, not mining.


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  • Options
    #12
    unkel
    Registered Users Posts: 64,764 ✭✭✭✭unkel


    I installed it myself. Getting 21H/s on my rooted S7 with Google Pixel Edition 3.0 flashed . It mined 0.08 ETN in the last 5 hours or so. A whopping €0.02 per day :p


  • Options
    #13
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    been running mine for about 14 hours. 0.41 coins mined.

    Im curious what the rate would be on a android running on a virtual machine on a laptop. Would it be equal to the hash rate of the desktop miner?

    And by the way you can run it with the same account on multiple devices. But my old androids only get 5 H/s!!


  • Options
    #14
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    Im just setting up the direct miner on my laptop at the moment to see what the hash rate is. Just to get some comparison, ive no intention of actually mining.

    Its going to take 3 hours to sync the node. Thats the most annoying thing about mining!!


  • Options
    #15
    meep
    Registered Users Posts: 1,290 ✭✭✭meep


    BrokenArrows wrote: »
    been running mine for about 14 hours. 0.41 coins mined.

    Im curious what the rate would be on a android running on a virtual machine on a laptop. Would it be equal to the hash rate of the desktop miner?

    And by the way you can run it with the same account on multiple devices. But my old androids only get 5 H/s!!

    For fun, I set up BlueStacks on a failry basic i3 laptop. At 1800MB per instance, the miner reports 13 H/s. Spinning up a second simultaneous instance at 800MB, it reports a measly 3 H/s.

    The inteesting part is that they allow multiple simulated instances. Wonder if there is a limit?

    In any case, it's all academic as those rates and returns are far from worthwhile.


  • Options
    #16
    smacl
    Moderators, Society & Culture Moderators Posts: 15,708 Mod ✭✭✭✭smacl


    unkel wrote: »
    I installed it myself. Getting 21H/s on my rooted S7 with Google Pixel Edition 3.0 flashed . It mined 0.08 ETN in the last 5 hours or so. A whopping €0.02 per day :p

    Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s. I'm with Shauny2010 on this, I can't see the benefit for the miner in using a smartphone as a mining platform. I can see it as an advantage for the coin in terms of greater decentralisation and hence robustness, but this advantage isn't passed on the the miner. €0.02 per day profit for a €200 phone would take you 27 years to pay the phone off ;)


  • Options
    #17
    lifeandtimes
    Closed Accounts Posts: 2,021 ✭✭✭lifeandtimes


    smacl wrote: »
    Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s. I'm with Shauny2010 on this, I can't see the benefit for the miner in using a smartphone as a mining platform. I can see it as an advantage for the coin in terms of greater decentralisation and hence robustness, but this advantage isn't passed on the the miner. €0.02 per day profit for a €200 phone would take you 27 years to pay the phone off ;)

    not for too long

    https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/


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    #18
    smacl
    Moderators, Society & Culture Moderators Posts: 15,708 Mod ✭✭✭✭smacl


    lifeandtimes wrote: »
    not for too long

    https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

    Can't see any reason why they'd put mining ASICs in smartphones though, nor that a battery powered ASIC solution is either viable or sensible.


  • Options
    #19
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    unkel wrote: »
    It's not really mining, Shauny2010.

    And remember, BTC mining was also worth barely a few cents/day. The people who mined than and sold in recent times are all millionaires :p
    You are correct , it's not really mining at those sort of hash rates it is making nothing. But running hashes like that from those ARM cpus will brick your phone when the cpu overheats.
    And yes I know about mining bitcoin for a few cent made millionaires for some but that ship has sailed.
    Mining some obscure coin today from a phone will not make you a millionaire in 8 years.
    Try 80,000 years :p


  • Options
    #20
    unkel
    Registered Users Posts: 64,764 ✭✭✭✭unkel


    Shauny2010 wrote: »
    You are correct , it's not really mining at those sort of hash rates it is making nothing. But running hashes like that from those ARM cpus will brick your phone when the cpu overheats.

    You missed my point entirely :)

    It ISN'T mining. It's just pretending to be. It doesn't use any resources on your phone.


  • Options
    #21
    unkel
    Registered Users Posts: 64,764 ✭✭✭✭unkel


    smacl wrote: »
    Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s.

    Out of interest, why are you mining ETN? Surely other coins like ETH are far more profitable to mine?


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    #22
    smacl
    Moderators, Society & Culture Moderators Posts: 15,708 Mod ✭✭✭✭smacl


    unkel wrote: »
    Out of interest, why are you mining ETN? Surely other coins like ETH are far more profitable to mine?

    I'm not, I briefly switched to check the performance versus a handheld. Currently mining ETH which is slowly paying the card off as expected. What it suggests to me is that the cost per hash on a battery powered mobile CPU is not competitive with a desktop GPU. Thus if there is genuine value to the coin in using many smaller devices doing the mining, the mining algorithm needs to reflect this such that it is actually worth doing for the miner. I think IOTA assumes this value to exist and dodges the mining issue by having transactions processed as the reward for processing other transactions. I assume the value of very many low powered devices doing the work lies with greater decentralisation, robustness and possibly scalability but have no idea how great this value is or how part of it is returned to the miners.


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    #23
    S.M.B.
    Registered Users Posts: 9,350 ✭✭✭S.M.B.


    How many times does unkel have to say this ISN'T mining before it sinks in?

    This is simply a promotional tool rewarding people for having the Electroneum app installed on a mobile device.

    Looks like it's backfiring as people are struggling to realise something called and Electroneum Mobile Miner is actually just a mining 'experience' as they have put it.

    https://electroneum.com/2018/03/05/electroneum-mobile-miner-made-live/


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    #24
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    Well even if it wasnt actually mining it still had a bad effect on my battery.
    I uninstalled it.


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    #25
    Tinder Surprise
    Registered Users Posts: 1,462 ✭✭✭Tinder Surprise


    BrokenArrows wrote: »
    Well even if it wasnt actually mining it still had a bad effect on my battery.
    I uninstalled it.

    Anyway of analysing the connections the app makes? ..who knows, they could be gifting a few shít coins but actually drawing resources for more lucrative coins.


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    #26
    smacl
    Moderators, Society & Culture Moderators Posts: 15,708 Mod ✭✭✭✭smacl


    S.M.B. wrote: »
    How many times does unkel have to say this ISN'T mining before it sinks in?

    This is simply a promotional tool rewarding people for having the Electroneum app installed on a mobile device.

    Looks like it's backfiring as people are struggling to realise something called and Electroneum Mobile Miner is actually just a mining 'experience' as they have put it.

    https://electroneum.com/2018/03/05/electroneum-mobile-miner-made-live/

    I get it. A very slow airdrop that kills your phone battery while giving you 'the mining experience TM' with an app that calls itself a miner but isn't on a platform unsuitable for mining. As a marketing idea it is right up there with Cherry Coke.

    A pity the pretend mining doesn't pretend to have higher hash rates or it might be worth spinning up a bunch of pretend phones on VMs.


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    #27
    smacl
    Moderators, Society & Culture Moderators Posts: 15,708 Mod ✭✭✭✭smacl


    Tinder Surprise wrote: »
    Anyway of analysing the connections the app makes? ..who knows, they could be gifting a few shít coins but actually drawing resources for more lucrative coins.

    I wonder how many people who install apps like this would also have verification photos for the likes of Coinbase and Binance on their phones. Maybe a clever mining app could drag up some valuable and marketable nuggets after all ;)


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    #28
    Dades
    Moderators, Society & Culture Moderators Posts: 25,558 Mod ✭✭✭✭Dades


    So you're suggesting that people who run this app are not the miner... but the mine? :pac:


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    #29
    messinkiapina
    Registered Users Posts: 2,158 ✭✭✭messinkiapina


    Have mined a little over 6 coins in 6 days. Anyone know how to move those mined coins into the wallet on the app? When I go to the wallet tab, I get a message that its updating the Blockchain, but it seems to just time out and my wallet balance is still at zero.


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    #30
    rapul
    Registered Users Posts: 1,038 ✭✭✭rapul


    Just after getting this setup on an old phone 4H/s haha sure why not!


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    #31
    kilburn
    Registered Users Posts: 3,912 ✭✭✭kilburn


    Are many using this app?


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