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Questions tagged [mine on a phone]

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BonsaiVitality BonsaiVitality Thu Jul 11 2024 | 6 answers 1413

Is it possible to mine bitcoin on a phone?

Could you elaborate on the feasibility of mining Bitcoin using a mobile phone? I've heard rumors about this but am unsure of the technicalities. Specifically, I'm curious about the processing power required, energy efficiency, and whether the mining process would even be profitable given the current difficulty levels of the Bitcoin network. Additionally, I'm interested in knowing if there are any mobile apps or software that enable mining on smartphones. It seems like a convenient way to mine if it's actually viable. Could you please provide your insights on this topic?

Is it possible to mine bitcoin on a phone?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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