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How to Mine Cryptocurrency on Phone

Yashu Gola by Yashu Gola
8 years ago
in Cryptocurrency news
Reading Time: 2 mins read
Advertisement

A smartphone does a lot of things. It lets you play your favorite songs, read your favorite book, play games, watch movies, watch p*rn (oops), click your friends, click yourself, as well as mine cryptocurrencies. To keep this article suitable for kids, I will particular focus on the last point – mining cryptocurrencies – which I believe might have sound cooler than watching p…. only if you are a Big-Bang-Theory-fan.

The people who have almost achieved this method are not some big corporate junkies selling Ponzi schemes, but a group of computer science students who were simply trying to score an A+ in their science project. We although don’t know the grade they received in the end, but indeed the project surely looks impressive enough to catch eyeballs.

It is called MangoCoinz – a newly launched cryptocurrency that lets you mine itself on a smartphone, using movement energy as its power source. Excerpt from their introductory post:

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

“MangoCoinz uses the phone’s built in accelerometer sensor for translating movement energy into coins. Basically the accelerometer outputs data that is the phone’s acceleration. Acceleration has magnitude and direction. The phone’s accelerometer has 3 axis (X, Y and Z). The premise of the app was to reward movement with coins, and we are achieving this by adding all of the three magnitudes (absolute values) of every axis with some tolerances and removing gravity (9.81 m/s2).”

For fitness freaks this is your way to earn rewards while exercising. Your phone only needs to be in motion for mining MangoCoinz. And what further acts as a cherry-on-the-top is its ability get mined without using mobile data. The internet is only required when you are syncing the coins. Due to maximum word constraint, I am mentioning a few links where you can obtain more information about MangoCoinz. Here they are:

https://bitcointalk.org/index.php?topic=902788.0

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

http://coin-network.com/mangocoinz-interview-mining-crypto-on-your-mobile/

Tags: cryptocurrencyMangocoinzmine cryptocurrency
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Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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