Is it profitable to mine cryptocurrency using a phone?

1 answers

• May 13, 2022 · 3 years ago
  At BYDFi, we do not recommend mining cryptocurrency on a phone as a profitable venture. While it may seem convenient, the limited processing power and high energy consumption of phones make it difficult to compete with dedicated mining rigs. Additionally, mining on a phone can put a strain on the device and potentially void its warranty. If you are serious about mining cryptocurrency, we suggest investing in specialized mining equipment for optimal results. However, if you are simply looking to dabble in mining or learn more about the process, using a phone can be a good starting point. Just be aware of the limitations and potential risks involved.
  656

  328