How to mine cryptocurrency on Android?

What does the cryptocurrency mean?

When talking about cryptocurrencies, Bitcoin, Ethereum, Litecoin and Dogecoin presented as prominent
units in the world. These digital currency units secure the users savings, create new cryptocurrency units
if needed and help to digital money transfers all over the world. They have peer to peer network and
decentralized control body. When you start a transaction using cryptocurrency, the details broadcast to
the user network immediately. This will ensure not double spending.

How would you start to mining cryptocurrency?

At first, you need to install a cryptocurrency wallet in your device. It will give you a cryptocurrency
address which includes a public key and private key. The public key act as your bank account number.
So, if you have to receive cryptocurrency from someone, simply you need to give your public key to him.
Your private key act as the key for you to send transaction.

Focusing on How to mine cryptocurrency on Android.

You can use your mobile phone or tablet which have android operating system for mining
cryptocurrency. The difficulty of cryptocurrency mining on Android is depended on few factors.

According to the type of your phone

For an example Bitcoin can be taken as the target cryptocurrency you need to mine. It obtains hard
coded currency limit of 21 million. But most of the Android mobiles will take months of time to generate
a fraction of Bitcoin.
Android mobiles and tablets consist of Hash rate define as the output of a hash function. It is the speed
of your phone or tablet obtain to complete the cryptographic puzzles. Graphic Processing unit of your
device carryout this process. Even the world’s most powerful GPU system named as NVIDIA GTX 1080 Ti
also only can generate $ 0.01615 in bitcoin per month. Therefore, android bitcoin mining is not much
easy.
Below is a list of few famous smart android phone with their Hash rate.
Huawei Mate 9 – 50 H/s
Samsung Galaxy Note 8 – 50 H/s
Xiaomi Redmi Note 3 – 35 H/s
Samsung Galaxy S 5 – 14 H/s

As you can see when your phone became old, it cannot generate enough cryptocurrency to make you
rich. So, if you trying to mine cryptocurrency with an android device you need a latest one with new
upgrades and better performances.

Cryptocurrency mining pools

These cryptocurrency mining pools are groups of cryptocurrency miners with their computer resources
for cracking transactions. When a pool successful in decrypting of a certain cryptocurrency transaction,
every member will be rewarded. They can gain back according to the power they contributed to the
decrypting process.
Below mentioned cryptocurrency pool apps will allow you to join their cryptocurrency pool.
– Slush Pool
– AntPool
– BTC.com
– Kano CKPool
– F2Pool
You can join above apps via your Android device for better mining amount of cryptocurrency. Even there
are lot of cryptocurrency pools, these are taken the priority among them.

So, according to the performances of your android device and your contribution to the app, you can
mining cryptocurrency as you need.