What should I buy for mobile mining (does mobile mining cost money)

08/06/2023 11:26 • Tech Ticker • 119 views

According to official news, there have been media reports recently that it is good to buy what to buy for mobile mining in China. According to an insider, at present, the main models in the market are based on Ethereum, Bitcoin and other virtual currencies for investment. However, due to the sharp decline in the market, many friends are afraid to buy Bitcoin In this situation, investors purchasing mobile mining should consider their own financial strength and risk control ability. Therefore, it is recommended that everyone choose some safe and reliable mobile mining products to avoid asset losses caused by losses

Does mobile mining cost money

Recently, Daily Planet Daily exclusively interviewed Pan Zhibiao, a mobile mining practitioner and founder of Coin Printing.

. He believes that “if we want to achieve the large-scale popularization and development of digital currency through blockchain technology, we cannot start Bitcoin too early in China.” At the same time, he also revealed that currently, computing power is still the main focus in China, while mobile mining is a “decentralized” application platform developed based on infrastructure such as cloud services and intelligent hardware Regarding the question in this interview, “What can decentralized applications do?”, many users may not answer this question because theoretically, mining an encrypted asset requires a certain cost But in fact, many people have also begun to realize that mobile mining requires payment? We can take a look at this question first:

Firstly, how can mining become legal and compliant? First, let’s talk about your mobile phone mining, that is, you can use a computer or PC device to boot up and run your own node (such as Bitmain). You can download the corresponding code directly through the operating system or other software. After executing this program, you can package the blocks you dig into your client and upload them to the server. That is, you can obtain a corresponding amount of data based on the size of these files before participating in the calculation of profits Secondly, how to obtain rewards and pay mining friends? Firstly, it depends on whether your phone is large enough; Secondly, if you have a wallet dedicated to mining Cryptocurrency, you should use your mobile phone to mine; Finally, you also need to purchase chips for graphics cards, CPUs, and other hard disk storage space – of course, you can also put them in your phone Thirdly, mining must have electricity, otherwise there will be a forced shutdown situation. Generally speaking, mobile phones themselves have abundant power resources, but the heat generated by them is very small. Moreover, the configuration of the phone remains unchanged, so you only choose to use smaller parameters such as RAM, battery, and power consumption, which does not mean that the phone will invest more time and energy in mining. So when you want to buy a phone, it’s best not to rush to buy new features or replace the motherboard This way, this situation can be avoided.

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What should I buy for mobile mining (does mobile mining cost money)

Does mobile mining cost money

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